ROCKET LAB CORP (RKLB) Technical Analysis
NASDAQ:RKLB • US7731211089
Current stock price
RKLB Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RKLB did better than 96% of all other stocks. We also observe that the gains produced by RKLB over the past year are nicely spread over this period.
- RKLB is part of the Aerospace & Defense industry. There are 81 other stocks in this industry. RKLB outperforms 97% of them.
- 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.
- RKLB has an average volume of 22102300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RKLB has a been trading in the 63.96 - 93.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RKLB Weekly and Daily overview Charts
RKLB Setup Rating and Analysis
RKLB has an excellent technical rating, but the quality of the setup is 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.
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RKLB Support and Resistance Analysis
40.28
We found 6 important support areas.
- A support zone ranging from 77.02 to 78.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.66 from a trend line in the weekly time frame.
- Support @62.11 from a trend line in the daily time frame.
- Support @58.52 from a trend line in the daily time frame.
- Support @56.98 from a trend line in the weekly time frame.
- Support @40.69 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @84.80 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 89.37 to 90.04. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for RKLB is up. |
| ChartMill Relative Strength | 96.88 | POSITIVE | RKLB has a high relative strength, it outperformed 96.88% 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) | 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) | 52.09 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests RKLB has a negative trend. |
| Stochastics (14,3) | 46.38 | NEUTRAL | The Stochastics value for RKLB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for RKLB suggests a weak or negative trend. |
RKLB Chart- and CandleStick Pattern Analysis
RKLB Technicals: Chart, Performance Metrics, Trend & Indicators
78.81
-3.7 (-4.48%)
ROCKET LAB CORP / RKLB TA FAQ
Can you provide the ChartMill technical rating for ROCKET LAB CORP?
ChartMill assigns a technical rating of 10 / 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 52.0893. 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 -0.323783, 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 positive.