Taking everything into account, RGTIW scores 0 out of 10 in our technical rating. RGTIW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RGTIW has a poor technical rating and the quality of the setup is also only medium 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
5.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.21 to 11.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.29 from a trend line in the daily time frame.
- Support @5.86 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @13.05 from a trend line in the daily time frame.
- Resistance @13.57 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for RGTIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGTIW is down. |
| ChartMill Relative Strength | 21.35 | NEGATIVE | RGTIW has a low relative strength, it was outperformed by 78.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGTIW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGTIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGTIW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.31 | NEUTRAL | The RSI value for RGTIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RGTIW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.11 | OVERSOLD | The low Stochastics value suggests RGTIW may be oversold. |
| Average True Range in percent/ATR (20) | 18.35 | HIGH VOLATILITY | The high ATR as a percentage value for RGTIW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for RGTIW suggests a weak or negative trend. |
11.3
-0.07 (-0.66%)
RIGETTI COMPUTING -CW27 / RGTIW FAQ
What is the ChartMill technical rating of RIGETTI COMPUTING -CW27 (RGTIW) stock?
ChartMill assigns a technical rating of 0 / 10 to RGTIW.
What is the trend direction for RGTIW stock?
The current trend direction for RIGETTI COMPUTING -CW27 (RGTIW) is Bearish.
What is the RSI signal for RIGETTI COMPUTING -CW27 (RGTIW) stock?
RIGETTI COMPUTING -CW27 (RGTIW) has an RSI value of 40.3112. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RIGETTI COMPUTING -CW27?
The MACD indicator for RIGETTI COMPUTING -CW27 (RGTIW) has a value of 0.0777968, indicating a bearish trend.
What is the short term momentum for RGTIW stock?
The short term momentum for RIGETTI COMPUTING -CW27 (RGTIW) is negative.