TTM Squeeze Alert: AXON Primed for Big Move at $583.84
NeutralAxon Enterprise Inc (AXON) closed down 1.24% at $583.84 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($579.60) with a bullish stack. The 21-day EMA at $574.61 provides support.
Momentum
RSI at 61.7 is in neutral territory but trending lower. MACD is bullish (0.62 vs signal -7.03).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.