CROX Stretched at $91.63, RSI Overbought

Crocs Inc (CROX) closed up 1.13% at $91.63 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($89.96) with a bullish stack. The 21-day EMA at $87.99 provides support.
• Momentum: RSI at 70.0 is in neutral territory but trending higher. MACD is bearish (2.16 vs signal 2.18).
• Volatility: Stock has been in a TTM Squeeze for 3 days, indicating compressed volatility and potential for a significant move.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $84.74, Resistance at $92.71.