MTUM Rides Bullish EMAs Higher to $253.49
BullishMTUM (MTUM) closed down 0.61% at $253.49 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($252.52) with a bullish stack. The 21-day EMA at $251.10 provides support.
Momentum
RSI at 59.0 is in neutral territory. MACD is bullish (1.18 vs signal 0.58).
Volatility
Bollinger Band width at 5.9% indicates low volatility.
Key levels to watch: Support at $243.88, Resistance at $258.64.