DEFI DAILY TA 2X L RKLB ETF (RKLX) Stock Technical Analysis
NASDAQ:RKLX - Nasdaq - US88636R2224 - ETF - Currency: USD
Overall RKLX gets a technical rating of 5 out of 10. RKLX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, RKLX is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month RKLX has a been trading in the 20.50 - 45.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
RKLX has an average technical rating and it also does not offer a high quality setup 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
24.68
35.65
We found 3 important support areas.
- A support zone ranging from 33.54 to 33.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.76 to 25.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.93 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.48 to 35.30. 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 RKLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RKLX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RKLX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RKLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RKLX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 55.53 | NEUTRAL | The RSI value for RKLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests RKLX has a negative trend. |
| Stochastics (14,3) | 41.88 | NEUTRAL | The Stochastics value for RKLX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.89 | HIGH VOLATILITY | The high ATR as a percentage value for RKLX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for RKLX 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)
33.55
-1.33 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.81%
1 Week-7.14%
2 Weeks7.15%
1 Month32.03%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.32
ATR(20)%12.89%
ATR Inc-26.91%
Range Today3.68
ADR(20)4
ADR(20)%11.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High45.47
10 Day Low28.23
20 Day High45.47
20 Day Low20.5
52 Week HighN/A
52 Week LowN/A
CS1 End33.54
CR1 Start34.48
Volume & EV
DER(3)-5.96%
DER(5)-3.75%
Volume321.80K
Volume Incr7.08%
Vol(5)200.14K
Vol(50)131.45K