Taking everything into account, RGTI scores 6 out of 10 in our technical rating. RGTI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
RGTI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.22
When analyzing the support we can see 3 important areas.
- Support @24.05 from a trend line in the daily time frame.
- Support @20.32 from a trend line in the daily time frame.
- Support @15.37 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 | NEUTRAL | NEUTRAL | The short term trend for RGTI is neutral. |
| ChartMill Relative Strength | 99.52 | POSITIVE | RGTI has a high relative strength, it outperformed 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RGTI is above a declining 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) | 51.84 | NEUTRAL | The RSI value for RGTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests RGTI has a positive trend. |
| Stochastics (14,3) | 68.05 | NEUTRAL | The Stochastics value for RGTI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for RGTI suggests high volalility. |
| Average Directional Index/ADX (14) | 29 | POSITIVE | The high ADX value value for RGTI suggests a strong trend. |
30.06
+4.02 (+15.44%)
RIGETTI COMPUTING INC / RGTI FAQ
What is the technical rating for RGTI stock?
ChartMill assigns a technical rating of 6 / 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 51.8378. 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 0.533946, indicating a bearish trend.
What is the short term momentum for RGTI stock?
The short term momentum for RIGETTI COMPUTING INC (RGTI) is neutral.