TTM Squeeze Alert: AAPL Primed for Big Move at $273.40
NeutralApple Inc (AAPL) closed down 0.15% at $273.40 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($273.71) and 21-day ($274.49) EMAs, suggesting short-term weakness.
Momentum
RSI at 53.5 is in neutral territory. MACD is bearish (0.23 vs signal 1.23).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.