TTM Squeeze Alert: IVV Primed for Big Move at $690.91
NeutralIVV (IVV) closed down 0.34% at $690.91 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($688.34) with a bullish stack. The 21-day EMA at $685.45 provides support.
Momentum
RSI at 62.3 is in neutral territory. MACD is bullish (3.14 vs signal 2.49).
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 $675.65, Resistance at $696.98.