TTM Squeeze Alert: IVV Primed for Big Move at $693.27
NeutralIVV (IVV) traded flat at $693.27 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($687.70) with a bullish stack. The 21-day EMA at $684.91 provides support.
Momentum
RSI at 65.3 is in neutral territory but trending higher. MACD is bullish (3.03 vs signal 2.32).
Volatility
Stock has been in a TTM Squeeze for 5 days, indicating compressed volatility and potential for a significant move.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.