ROCKET LAB CORP (RKLB) Technical Analysis
NASDAQ:RKLB • US7731211089
Current stock price
72.22 USD
+1.6 (+2.27%)
At close:
73.21 USD
+0.99 (+1.37%)
Pre-Market:
RKLB Technical Rating and Analysis
Overall RKLB gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that RKLB is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by RKLB over the past year are nicely spread over this period.
- RKLB is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 93% of 80 stocks in the same industry.
- In the last month RKLB has a been trading in the 56.13 - 78.67 range, which is quite wide. It is currently trading near the high of this range.
- RKLB has an average volume of 20775900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RKLB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RKLB is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RKLB Weekly and Daily overview Charts
RKLB Setup Rating and Analysis
RKLB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
RKLB Support and Resistance Analysis
40.28
79.38
When analyzing the support we can see 5 important areas.
- Support @66.32 from a horizontal line in the daily time frame.
- Support @64.37 from a trend line in the weekly time frame.
- Support @59.44 from a trend line in the daily time frame.
- Support @55.53 from a trend line in the weekly time frame.
- Support @40.69 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @76.58 from a horizontal line in the daily time frame.
- Resistance @78.59 from a horizontal line in the daily time frame.
RKLB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for RKLB is neutral. |
| ChartMill Relative Strength | 96.67 | POSITIVE | RKLB has a high relative strength, it outperformed 96.67% 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 | MIXED | The current price of RKLB is above 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) | 54.76 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests RKLB has a positive trend. |
| Stochastics (14,3) | 74.83 | NEUTRAL | The Stochastics value for RKLB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 8.42 | NEGATIVE | The low ADX value for RKLB suggests a weak or negative trend. |
RKLB Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
RKLB Technicals: Chart, Performance Metrics, Trend & Indicators
72.22
+1.6 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.27%
1 Week8.9%
2 Weeks25.86%
1 Month1.28%
3 Month-25.01%
6 Month8.98%
12 Month265.86%
2 Year1820.74%
3 Year1742.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.59
ATR(20)%7.95%
ATR Inc-15.68%
Range Today4.27
ADR(20)5.26
ADR(20)%7.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.67
3 months CRS13.88
6 months CRS70.51
Mansfield2.82
10 Day High74.75
10 Day Low59.03
20 Day High78.67
20 Day Low56.13
52 Week High99.58
52 Week Low18.21
CS1 End66.32
CR1 Start76.58
Volume & EV
DER(3)1.58%
DER(5)0.31%
Volume22.64M
Volume Incr-16.24%
Vol(5)20.67M
Vol(50)20.78M
ROCKET LAB CORP / RKLB TA FAQ
Can you provide the ChartMill technical rating for ROCKET LAB CORP?
ChartMill assigns a technical rating of 8 / 10 to RKLB.
What is the trend direction for RKLB stock?
The current trend direction for ROCKET LAB CORP (RKLB) is Bullish.
Can you provide the RSI signal for ROCKET LAB CORP?
ROCKET LAB CORP (RKLB) has an RSI value of 54.7641. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROCKET LAB CORP?
The MACD indicator for ROCKET LAB CORP (RKLB) has a value of 0.855106, indicating a bearish trend.
Can you provide the short term momentum for ROCKET LAB CORP?
The short term momentum for ROCKET LAB CORP (RKLB) is neutral.