ANET Enters Squeeze Mode at $131.84
NeutralArista Networks Inc (ANET) closed up 0.82% at $131.84 on December 29.
Technical indicators paint a mixed picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($129.66). The 21-day EMA sits at $129.94.
Momentum
RSI at 57.9 is in neutral territory. MACD is bullish (-0.75 vs signal -1.77).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.