ROCKET LAB CORP (RKLB) Stock Technical Analysis
NASDAQ:RKLB - Nasdaq - US7731211089 - Common Stock - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
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. On top of that, RKLB also shows a nice and consistent pattern of rising prices.
RKLB is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 98% of 67 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.
RKLB has an average volume of 23698600 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 37.77 - 53.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, RKLB 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
32.03
44.99
When analyzing the support we can see 2 important areas.
- Support @43.78 from a horizontal line in the daily time frame.
- Support @32.35 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 | 99.55 | POSITIVE | RKLB has a high relative strength, it outperformed 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RKLB is below 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) | 55.96 | NEUTRAL | The RSI value for RKLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests RKLB has a negative trend. |
| Stochastics (14,3) | 30.39 | NEUTRAL | The Stochastics value for RKLB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.68 | HIGH VOLATILITY | The high ATR as a percentage value for RKLB suggests high volalility. |
| Average Directional Index/ADX (14) | 39.81 | POSITIVE | The high ADX value value for RKLB suggests a strong 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)
44.54
-0.27 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.6%
1 Week-1.26%
2 Weeks-5.62%
1 Month14.56%
3 Month117.16%
6 Month62.5%
12 Month729.42%
2 Year605.86%
3 Year709.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.24
ATR(20)%6.68%
ATR Inc-16.95%
Range Today1.73
ADR(20)2.92
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.55
Mansfield8.39
10 Day High49.62
10 Day Low42.32
20 Day High53.44
20 Day Low37.77
52 Week High53.44
52 Week Low5.03
CS1 End43.78
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0.35%
Volume11.60M
Volume Incr-37.18%
Vol(5)14.55M
Vol(50)23.70M