IVW Enters Squeeze Mode at $124.99
NeutralIVW (IVW) traded flat at $124.99 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($123.69) with a bullish stack. The 21-day EMA at $123.21 provides support.
Momentum
RSI at 64.2 is in neutral territory but trending higher. MACD is bullish (0.51 vs signal 0.31).
Volatility
Stock has been in a TTM Squeeze for 5 days, indicating compressed volatility and potential for a significant move.