News Image

RTX CORP (NYSE:RTX) – A Strong Technical Setup in Aerospace & Defense

By Mill Chart

Last update: May 14, 2025

RTX CORP (NYSE:RTX) has been identified as a standout candidate in our technical breakout screen. The stock demonstrates strong technical health and a well-defined setup pattern, making it worth a closer look for investors focused on momentum and consolidation breakouts.

RTX stock chart

Technical Strength

RTX currently holds a Technical Rating of 9 out of 10, reflecting its strong upward momentum. Key factors contributing to this score include:

  • Positive Trends: Both short-term and long-term trends are upward, reinforcing the stock’s bullish stance.
  • Relative Strength: RTX outperforms 88% of all stocks over the past year, with consistent gains spread across the period.
  • Price Position: The stock is trading near the upper end of its 52-week range, aligning with the broader S&P 500’s performance.
  • Moving Averages: The stock remains above key moving averages (20-day, 50-day, 100-day, and 200-day), confirming sustained buying interest.

Setup Quality

With a Setup Rating of 8, RTX presents a favorable consolidation pattern:

  • Tight Trading Range: Recent price action has stabilized, reducing volatility and forming a clear support zone near $128.66.
  • Resistance Breakout Potential: A resistance area sits just above the current price at $133.00, providing a potential entry point if the stock breaks higher.
  • Pocket Pivot Signal: A recent accumulation pattern suggests institutional interest, adding further credibility to the setup.

For a deeper analysis, review the full technical report for RTX.

Our Technical Breakout Setups screener provides additional breakout candidates updated daily.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making trading decisions.

RTX CORP

NYSE:RTX (7/1/2025, 9:06:23 PM)

After market: 144 -0.19 (-0.13%)

144.19

-1.83 (-1.25%)



Find more stocks in the Stock Screener

RTX Latest News and Analysis

ChartMill News Image8 days ago - ChartmillUncover the latest developments among S&P500 stocks in today's session.

Stay updated with the movements of the S&P500 index one hour before the close of the markets on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.

Mentions: OXY COP XOM EL ...

ChartMill News Image8 days ago - ChartmillTop S&P500 movers in Tuesday's session

Let's delve into the developments on the US markets in the middle of the day on Tuesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.

Mentions: OXY XOM ALB EL ...

ChartMill News Image8 days ago - ChartmillThese S&P500 stocks are gapping in today's session

Stay tuned for the market movements in the S&P500 index on Tuesday. Check out the gap up and gap down stocks in the S&P500 index during today's session.

Mentions: CF NEM NOC FAST ...

ChartMill News Image8 days ago - ChartmillMarket Monitor News June 24 BMO (Tesla, Northern Trust UP - Hims&Hers, Super Micro Computer DOWN)

Markets Brush Off Missiles and Missteps — Sentiment Stays Surprisingly Resilient

Mentions: BK NTRS BA LMT ...

ChartMill News Image9 days ago - ChartmillHow the Iran-US Crisis Could Shake Markets And Where Smart Traders Are Looking for Opportunity

Mentions: RGLD OXY COP SLB ...

Follow ChartMill for more