TTM Squeeze Alert: FDS Primed for Big Move at $292.13
NeutralFactset Research Systems Inc (FDS) closed up 0.71% at $292.13 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($289.50) with a bullish stack. The 21-day EMA at $285.85 provides support.
Momentum
RSI at 57.8 is in neutral territory but trending higher. MACD is bullish (3.41 vs signal 3.34).
Volatility
Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.
Key levels to watch: Support at $273.66, Resistance at $299.86.