DIA Breaks Out at $484.58 as Moving Averages Align
BullishDIA (DIA) closed down 0.51% at $484.58 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($483.95) with a bullish stack. The 21-day EMA at $481.10 provides support.
Momentum
RSI at 64.6 is in neutral territory. MACD is bullish (3.45 vs signal 3.38).
Volatility
Stock has been in a TTM Squeeze for 4 days, indicating compressed volatility and potential for a significant move.
Key levels to watch: Support at $473.59, Resistance at $489.43.