Volatility Contraction Sets Up AWK Move Near $130.55
NeutralAmerican Water Works Co Inc (AWK) closed down 0.56% at $130.55 on December 29.
Technical indicators paint a mixed picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($131.25). The 21-day EMA sits at $130.91.
Momentum
RSI at 52.6 is in neutral territory. MACD is bullish (-0.20 vs signal -0.37).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.