COST Momentum Tide Turns Positive at $982.73
The stock of Costco Wholesale Corp (COST) dropped 0.95% to close at $982.73 on October 29.
From a technical standpoint, the outlook appears mixed:
Momentum
RSI at 57.3 is in neutral territory but trending lower. MACD reads 19.24 against its 18.29 signal line (bullish).
Moving Averages
Price hovers around the 9-day EMA ($990.82), while the 21-day ($972.62) provides a key reference.
Volatility
Bollinger Band width at 12.7% indicates normal volatility.
Key levels to watch: Support at $907.79, Resistance at $1030.71.
