WHR Enters Squeeze Mode at $37.86
Whirlpool Corp (WHR) traded flat at $37.86 on July 10.
Key indicators suggest a mixed bias:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $38.14, resistance at 21-day ($39.13).
Momentum
RSI at 41.9 is in neutral territory. MACD is bullish (-1.37 vs signal -1.59).
Volatility
Volatility has been compressing for 10 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $35.32.
Watch $35.32 as support and $42.54 as resistance.
