HII Rallies to $351.13 on Bullish EMA Alignment
BullishHuntington Ingalls Industries Inc (HII) closed down 1.22% at $351.13 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($341.76) with a bullish stack. The 21-day EMA at $330.49 provides support.
Momentum
RSI at 69.4 is in neutral territory but trending higher. MACD is bullish (11.28 vs signal 8.17).
Volatility
Bollinger Band width at 19.8% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $293.60, Resistance at $357.99.