COL rallies 1.31% on high volume
Rockwell Collins Inc. (COL) Technical Analysis Report for Sep 14, 2018 | by Techniquant Editorial Team
Moving higher for the 2nd day in a row, COL finished the week 2.34% higher at 141.49 after surging $1.83 (1.31%) today on high volume. This is the biggest single day gain in over a week. Today's closing price of 141.49 marks the highest close since Inception. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Thursday's high at 139.66, Rockwell Collins confirms its breakout through the previous session's high having traded $2.04 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.
Daily Candlestick Chart (COL as at Sep 14, 2018):
Friday's trading range was $2.39 (1.71%), that's far above last trading month's daily average range of $1.12. Weekly volatility is also higher, being above the markets average with the monthly volatility being slightly above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.