Moving Averages Propel COST to $954.63
Costco Wholesale Corp (COST) retreated 0.51%, ending the session at $954.63 on October 13.
Key indicators suggest a bullish bias:
Moving Averages
Price trades above the 9-day EMA ($941.35) with a bullish stack. The 21-day EMA at $930.49 provides support.
Momentum
RSI at 63.8 is neutral but improving. MACD reads 7.63 against its 1.69 signal line (bullish).
Volatility
Bollinger Band width at 9.1% indicates low volatility.
The $878.43-$962.43 range defines near-term boundaries.
