ROCKET LAB CORP (RKLB) Stock Technical Analysis
NASDAQ:RKLB - US7731211089 - Common Stock
46.25 USD
-1.88 (-3.91%)
46.17 USD
-0.08 (-0.17%)
We assign a technical rating of 9 out of 10 to RKLB. Both in the recent history as in the last year, RKLB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RKLB is one of the better performing stocks in the market, outperforming 99% of all stocks.
RKLB is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 100% of 68 stocks in the same industry.
RKLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RKLB is lagging the market slightly.
In the last month RKLB has a been trading in the 38.26 - 50.92 range, which is quite wide. It is currently trading near the high of this range.
RKLB has an average volume of 23706300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, RKLB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 44.28, a Stop Loss order could be placed below this zone.
More info and screens
39.77
46.71
3 important support areas can be observed.
- A support zone ranging from 44.12 to 44.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.77 to 42.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.17 to 40.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 99.42 | POSITIVE | RKLB has a high relative strength, it outperformed 99.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RKLB is above 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) | 56.89 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RKLB has a positive trend. |
| Stochastics (14,3) | 72.64 | NEUTRAL | The Stochastics value for RKLB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for RKLB suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.93 | 44.11 | 6.82 (13.39%) | 7.47% |
| An entry @50.93. This is a Buy Stop order right above the 10 day high. | An exit @44.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.82 points, which is 13.39%. | For a 1.00% total portfolio risk, you can invest 7.47% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
46.25
-1.88 (-3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.91%
1 Week13.66%
2 Weeks7.56%
1 Month-0.41%
3 Month72.64%
6 Month125.72%
12 Month637.64%
2 Year632.96%
3 Year740.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.73
ATR(20)%7.05%
ATR Inc-0.81%
Range Today2.92
ADR(20)3.26
ADR(20)%7.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.42
Mansfield7.15
10 Day High50.92
10 Day Low38.26
20 Day High50.92
20 Day Low38.26
52 Week High53.44
52 Week Low5.74
CS1 End44.28
CR1 StartN/A
Volume & EV
DER(3)2.38%
DER(5)2.62%
Volume16.76M
Volume Incr42.81%
Vol(5)25.65M
Vol(50)23.71M