RTX — 32-Bar Squeeze Imminent at 80% Range With Breakdown BounceRTX CorporationBATS:RTXstingrayeaRTX trades at 204.05 with a 58.2% bullish structural score across 112 signals, classified as moderate. The supply-demand split reads 60.9% to 39.1% favoring bulls at 1.56x intensity with 49% clarity. Price has retraced -1.3% with a 0.2% bounce at 0.1x strength, classified as breakdown. A squeeze has been building for 32 bars and is now imminent. Bandwidth sits at 1.04%. The market is compressed to its limit with no bounce conviction and a ticking clock on the release. Price and Bias Price sits at 80.7% of its measured range between 206 and 195.9, classified as upper. The -1.3% retrace is negligible but the 0.2% bounce at 0.1x strength is the weakest possible recovery reading. The breakdown classification on a -1.3% retrace means even a minor pullback has been met with zero buying response. Price is high in its range but buyers are not defending it. EMA alignment reads 8:2 bullish, a strong lean from the fastest structural component. Ichimoku prints 9:4 confirming the bullish framework. Candle patterns sit at 7:7, perfectly split, offering no directional edge from pattern recognition. The counter-trend score at 6:8 favors bears, meaning reversal signals are leaning against the trend. The spread metric reads 16.4%, tagged as moderate. DD/SS reads 8:2 strongly bullish, the most dominant individual pattern signal. Star at 1:0, Harami at 1:0, and pattern total at 2:0 all lean bullish. Engulfing at 0:2 favors bears. The structural picture splits between the bullish framework of EMAs, Ichimoku, and DD/SS versus the neutral candle count, bearish counter-trend, and the complete absence of bounce strength. The longer-term indicators say the trend is intact while the short-term price action says participation has vanished. Squeeze and Momentum The squeeze has been building for 32 bars and is classified as imminent. Momentum reads bearish and declining with Bollinger bandwidth at just 1.04%. This is extreme compression. At 32 bars of building with bandwidth below 1.1%, the squeeze is at the terminal stage of its compression cycle. The release is not a question of if but when, and the answer is likely within the next handful of sessions. Bearish declining momentum within an imminent squeeze at 80% of the price range creates a directional lean toward a downside release, but the 8:2 EMA sweep and 9:4 Ichimoku counter that lean from the structural side. Squeeze momentum contraction reads 968.6% and rising, an extraordinary reading that confirms compression has reached extreme levels. No volume squeeze is active. Volume and Participation Volume Z-score reads -0.53, classified as quiet. Dollar volume sits at 14.08K against 69 in raw volume terms. The 1-to-5 timeframe volume Z range of -0.53 to -0.55 shows uniformly quiet participation across all measured timeframes with no improvement anywhere. Volume momentum reads 0.02, essentially flat but classified as rising, meaning the decline in participation has bottomed and is beginning to stabilize. The bull-bear volume Z split reads -0.38 versus -0.3, with both sides equally suppressed. No whale activity is detected. Directional flow reads neutral. No volume squeeze is active. The volume landscape is uniformly quiet without any directional skew. OBV Z-score reads 1.95, classified as outflow. Despite the elevated Z-score reading, the classification as outflow means cumulative flow is draining. At 1.95 the reading is nearly two standard deviations above the mean, but the outflow classification with no upward trend suggests previous accumulation is now being unwound. This is a significant bearish signal at an imminent squeeze. OBV divergence reads normal. No futures data is available, so leverage and premium analysis cannot be applied. Scenarios The bullish squeeze release relies on the structural framework overriding the momentum and volume signals. The 8:2 EMA sweep, 9:4 Ichimoku, 8:2 DD/SS, and 80.7% upper price position describe a trend that is intact on the higher timeframes. If the squeeze releases upward with volume Z recovering above -0.2 and OBV flipping from outflow to inflow, the 206 range high is the immediate target with potential for price discovery beyond. The volume momentum stabilizing near zero and beginning to rise provides a faint early signal. A clean break above 205.5 on expanding volume confirms the bullish resolution. The bearish squeeze release is supported by the breakdown bounce at 0.1x, bearish declining momentum, OBV outflow, the 6:8 counter-trend score, the 7:7 candle split, and the 0:2 engulfing read. A 32-bar squeeze at 1.04% bandwidth releasing downward with increasing volume and OBV continuing to drain targets the 200 to 198 area as the initial support. Below that, the 195.9 range low is accessible. The breakdown classification on a -1.3% retrace tells you buyers are already absent. If the squeeze confirms that absence with a directional move, sellers face no structural resistance until the lower range. The 968.6% squeeze momentum contraction at 1.04% bandwidth means the release will likely be disproportionate to the recent price action. Whichever direction the first bar of expansion takes with volume will set the tone for the next several sessions. Watch Levels Above 205.5 with volume Z recovering above -0.2 and OBV shifting from outflow to inflow confirms the bullish release toward the 206 range high and potential new territory. Below 202 on expanding bearish volume with OBV continuing outflow confirms the downside release and opens 200 to 198 as the target zone. The 32-bar squeeze at 1.04% bandwidth cannot compress further. The release is imminent by definition. Volume direction on the first expansion bar is the only signal that matters now. Risk Note A 32-bar imminent squeeze at 1.04% bandwidth with OBV outflow and a 0.1x breakdown bounce creates a high-probability setup for a decisive move with an uncertain direction. The structural framework leans bullish through EMAs and Ichimoku, but the price action signals lean bearish through the breakdown bounce, candle neutrality, and counter-trend alignment. OBV outflow at an imminent squeeze is the tiebreaker that gives bears a slight edge, but squeezes at this stage of compression can override shorter-term signals. The 968.6% contraction reading guarantees the release will be significant. Size positions for the magnitude of the expected move and wait for the first directional bar before committing. More analysis on my profile. Tags: RTX, stocks, defense, squeeze, volume, OBV, momentum, bandwidth, breakdown, structure