Taking everything into account, RKLB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RKLB is showing a nice and steady performance.
Although RKLB has an excellent technical rating, it does not present a decent entry opportunity 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
40.28
3 important support areas can be observed.
- Support @43.20 from a trend line in the weekly time frame.
- Support @42.10 from a trend line in the daily time frame.
- Support @40.69 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 54.97 to 55.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.50 from a horizontal line in the weekly time frame.
- Resistance @62.96 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 | UP | POSITIVE | The long term trend for RKLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RKLB is up. |
| ChartMill Relative Strength | 95.14 | POSITIVE | RKLB has a high relative strength, it outperformed 95.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RKLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKLB is below a declining 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) | 53.52 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.39 | POSITIVE | The MACD value suggests RKLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for RKLB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.38 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 26.43 | POSITIVE | The high ADX value value for RKLB suggests a strong trend. |
53.96
-1.53 (-2.76%)
ROCKET LAB CORP / RKLB FAQ
Can you provide the ChartMill technical rating for ROCKET LAB CORP?
ChartMill assigns a technical rating of 10 / 10 to RKLB.
Can you provide the trend direction for ROCKET LAB CORP?
The current trend direction for ROCKET LAB CORP (RKLB) is Bullish.
What is the RSI signal for ROCKET LAB CORP (RKLB) stock?
ROCKET LAB CORP (RKLB) has an RSI value of 53.5158. This indicates that the stock is currently neutral.
What is the MACD signal for ROCKET LAB CORP (RKLB) stock?
The MACD indicator for ROCKET LAB CORP (RKLB) has a value of 1.38531, indicating a bullish trend.
What is the buy/sell signal for RKLB stock?
The buy/sell signal for ROCKET LAB CORP (RKLB) is buy as both the short term and long term trends are positive.