Taking everything into account, RKLB scores 8 out of 10 in our technical rating. In the last year, RKLB was one of the better performers, but we do observe some doubts in the very recent evolution.
Although RKLB has an excellent technical rating, it does not offer a high quality setup 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.
40.28
When analyzing the support we can see 4 important areas.
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 | UP | POSITIVE | The long term trend for RKLB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKLB is down. |
| ChartMill Relative Strength | 97.28 | POSITIVE | RKLB has a high relative strength, it outperformed 97.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RKLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RKLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RKLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3 | NEGATIVE | The MACD value suggests RKLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.15 | OVERSOLD | The low Stochastics value suggests RKLB may be oversold. |
| Average True Range in percent/ATR (20) | 10.38 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for RKLB suggests a strong trend. |
72.32
+6 (+9.05%)
ChartMill assigns a technical rating of 8 / 10 to RKLB.
The current trend direction for ROCKET LAB CORP (RKLB) is Bullish.
ROCKET LAB CORP (RKLB) has an RSI value of 44.8484. This indicates that the stock is currently neutral.
The short term momentum for ROCKET LAB CORP (RKLB) is negative.
The buy/sell signal for ROCKET LAB CORP (RKLB) is hold as the short term and long term trends are mixed.