ROCKET COS INC-CLASS A (RKT)

US77311W1018 - Common Stock

12.26  -0.05 (-0.41%)

After market: 12.2046 -0.06 (-0.45%)

Technical Rating and Analysis

6

Overall RKT gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RKT is only an average performer.

The long and short term trends are both positive. This is looking good!
RKT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RKT has an average volume of 2359180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RKT outperforms 66% of them, which is more or less in line with the market.
RKT is an average performer in the Financial Services industry, it outperforms 53% of 103 stocks in the same industry.
RKT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RKT is lagging the market.
Weekly and Daily overview Charts
RKT Weekly chart
RKT Daily chart
Setup Rating and Analysis

6

RKT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

7.38

13.01

6 important support areas can be observed.

  • A support zone ranging from 12.05 to 12.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.77 from a trend line in the daily time frame.
  • Support @11.36 from a horizontal line in the weekly time frame.
  • Support @10.97 from a horizontal line in the daily time frame.
  • Support @7.71 from a trend line in the weekly time frame.
  • Support @7.45 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 12.31 to 12.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.80 to 12.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.17
Mansfield0.67
10 Day High13.18
10 Day Low12.13
20 Day High13.18
20 Day Low10.87
52 Week High15.19
52 Week Low7.17
Performance
1 Week-0.65%
2 Weeks-3.08%
1 Month7.83%
3 Month-16.77%
6 Month45.95%
12 Month38.37%
2 Year10.25%
3 Year-46.9%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.17
LBB12.01
UBB12.9
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.4312.120.31 (2.49%)25.00%
An entry @12.43. This is a Buy Stop order right above the resistance zone.An exit @12.12. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.31 points, which is 2.49%.For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of RKT. Please evaluate whether better entry and exit points can be found.
  • 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.
RKT Daily chart

ROCKET COS INC-CLASS A

NYSE:RKT (3/18/2024, 5:38:41 PM)

After market: 12.2046 -0.06 (-0.45%)

12.26

-0.05 (-0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.41%
1 Week-0.65%
2 Weeks-3.08%
1 Month7.83%
3 Month-16.77%
6 Month45.95%
12 Month38.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.53
ATR(20)%4.43%
ATR Inc
Range Today0.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.18
10 Day Low12.13
20 Day High13.18
20 Day Low10.87
52 Week High15.19
52 Week Low7.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.03M
Volume Incr3.86%
Vol(5)2.60M
Vol(50)2.36M