Overall RGTI gets a technical rating of 4 out of 10. Although RGTI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RGTI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.66
We found 4 important support areas.
- Support @23.59 from a horizontal line in the weekly time frame.
- Support @22.47 from a horizontal line in the daily time frame.
- Support @21.23 from a trend line in the daily time frame.
- Support @15.82 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for RGTI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGTI is down. |
| ChartMill Relative Strength | 95.02 | POSITIVE | RGTI has a high relative strength, it outperformed 95.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RGTI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.49 | NEUTRAL | The RSI value for RGTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RGTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.97 | OVERSOLD | The low Stochastics value suggests RGTI may be oversold. |
| Average True Range in percent/ATR (20) | 9.24 | HIGH VOLATILITY | The high ATR as a percentage value for RGTI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for RGTI suggests a possible start of a new trend. |
23.76
+0.94 (+4.12%)
RIGETTI COMPUTING INC / RGTI FAQ
What is the technical rating for RGTI stock?
ChartMill assigns a technical rating of 4 / 10 to RGTI.
Can you provide the trend direction for RIGETTI COMPUTING INC?
The current trend direction for RIGETTI COMPUTING INC (RGTI) is Bearish.
What is the RSI signal for RGTI stock?
RIGETTI COMPUTING INC (RGTI) has an RSI value of 41.4916. This indicates that the stock is currently neutral.
What is the MACD signal for RGTI stock?
The MACD indicator for RIGETTI COMPUTING INC (RGTI) has a value of -0.00516084, indicating a bearish trend.
What is the short term momentum for RGTI stock?
The short term momentum for RIGETTI COMPUTING INC (RGTI) is negative.