ROCKET SHARING CO SPA (RKT.MI) Stock Technical Analysis
BIT:RKT • IT0005481830
Taking everything into account, RKT scores 0 out of 10 in our technical rating. RKT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RKT is a bad performer in the overall market: 100% of all stocks are doing better.
- RKT is part of the Broadline Retail industry. There are 12 other stocks in this industry, of which 90% are performing better than RKT.
- In the last month RKT has a been trading in the 0.25 - 0.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of RKT is bad and it also does not present a 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
0.26
We can see 2 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.33 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 | DOWN | NEGATIVE | The long term trend for RKT.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKT.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RKT.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RKT.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKT.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.6 | NEUTRAL | The RSI value for RKT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RKT.MI has a negative trend. |
| Stochastics (14,3) | 4.61 | OVERSOLD | The low Stochastics value suggests RKT.MI may be oversold. |
| Average True Range in percent/ATR (20) | 10.19 | HIGH VOLATILITY | The high ATR as a percentage value for RKT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.86 | NEGATIVE | The low ADX value for RKT.MI suggests a weak or negative trend. |
BIT:RKT (2/12/2026, 7:00:00 PM)
0.258
+0.01 (+3.2%)
ROCKET SHARING CO SPA / RKT.MI FAQ
What is the ChartMill technical rating of ROCKET SHARING CO SPA (RKT.MI) stock?
ChartMill assigns a technical rating of 0 / 10 to RKT.MI.
What is the current trend direction of ROCKET SHARING CO SPA (RKT.MI) stock?
The current trend direction for ROCKET SHARING CO SPA (RKT.MI) is Bearish.
Can you provide the RSI signal for ROCKET SHARING CO SPA?
ROCKET SHARING CO SPA (RKT.MI) has an RSI value of 39.6041. This indicates that the stock is currently neutral.
What is the MACD signal for RKT stock?
The MACD indicator for ROCKET SHARING CO SPA (RKT.MI) has a value of -0.00501154, indicating a bearish trend.
What is the short term momentum for RKT stock?
The short term momentum for ROCKET SHARING CO SPA (RKT.MI) is negative.