ROCKET COS INC-CLASS A (RKT) Stock Technical Analysis
USA - NYSE:RKT - US77311W1018 - Common Stock
16.16 USD
+0.55 (+3.52%)
16.23 USD
+0.07 (+0.43%)
Overall RKT gets a technical rating of 0 out of 10. RKT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
62% of all other stocks performed better in the past year than RKT.
In the last month RKT has a been trading in the 15.34 - 18.44 range, which is quite wide. It is currently trading near the lows of this range.
RKT has an average volume of 41092200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RKT is an average performer in the Financial Services industry, it outperforms 60% of 98 stocks in the same industry.
RKT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RKT is lagging the market slightly.
RKT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
12.26
21.02
We found 3 important support areas.
- Support @16.15 from a horizontal line in the weekly time frame.
- Support @15.61 from a horizontal line in the daily time frame.
- Support @12.38 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.20 to 17.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.16 to 18.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.81 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for RKT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKT is down. |
| ChartMill Relative Strength | 38.23 | NEUTRAL | RKT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RKT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.74 | NEUTRAL | The RSI value for RKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.29 | OVERSOLD | The low Stochastics value suggests RKT may be oversold. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for RKT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for RKT suggests a weak or negative 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)
16.16
+0.55 (+3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.52%
1 Week-3%
2 Weeks-9.57%
1 Month-1.4%
3 Month-3.87%
6 Month45.45%
12 Month1.83%
2 Year73.02%
3 Year94.7%
5 Year-22.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%4.99%
ATR Inc23.63%
Range Today0.83
ADR(20)0.8
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.23
3 months CRS24.75
6 months CRS87.36
Mansfield0.08
10 Day High18.22
10 Day Low15.34
20 Day High18.44
20 Day Low15.34
52 Week High22.56
52 Week Low10.06
CS1 End16.15
CR1 Start17.2
Volume & EV
DER(3)2.58%
DER(5)2.33%
Volume33.80M
Volume Incr-13.59%
Vol(5)39.79M
Vol(50)41.09M
ROCKET COS INC-CLASS A / RKT FAQ
What is the ChartMill technical rating of ROCKET COS INC-CLASS A (RKT) stock?
ChartMill assigns a technical rating of 0 / 10 to RKT.
Can you provide the trend direction for ROCKET COS INC-CLASS A?
The current trend direction for ROCKET COS INC-CLASS A (RKT) is Bearish.
Can you provide the RSI signal for ROCKET COS INC-CLASS A?
ROCKET COS INC-CLASS A (RKT) has an RSI value of 41.7389. This indicates that the stock is currently neutral.
What is the short term momentum for ROCKET COS INC-CLASS A (RKT) stock?
The short term momentum for ROCKET COS INC-CLASS A (RKT) is negative.
Can you provide the support and resistance levels for ROCKET COS INC-CLASS A?
ROCKET COS INC-CLASS A (RKT) has a support level at 16.15 and a resistance level at 17.2. Check the full technical report for our detailed analysis of RKT support and resistance levels.