Volatility Contraction Sets Up EQIX Move Near $763.30
NeutralEquinix Inc (EQIX) closed up 0.61% at $763.30 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($756.36). The 21-day EMA sits at $758.83.
Momentum
RSI at 52.3 is in neutral territory but trending higher. MACD is bullish (-3.57 vs signal -7.63).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.