ROCKET COS INC-CLASS A (RKT) Technical Analysis
NYSE:RKT • US77311W1018
Current stock price
RKT Technical Rating and Analysis
Overall RKT gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 77% of all other stocks performed better in the past year than RKT.
- RKT is currently trading in the lower part 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.
- In the last month RKT has a been trading in the 14.08 - 18.89 range, which is quite wide. It is currently trading near the lows of this range.
- RKT has an average volume of 32301900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RKT is part of the Financial Services industry. There are 98 other stocks in this industry, RKT did better than 47% of them.
RKT Weekly and Daily overview Charts
RKT Setup Rating and Analysis
RKT has a poor technical rating and the quality of the setup is also only medium 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
RKT Support and Resistance Analysis
13.99
We found 1 important support area.
- A support zone ranging from 14.13 to 14.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @16.20 from a trend line in the daily time frame.
RKT Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKT is down. |
| ChartMill Relative Strength | 23.77 | NEGATIVE | RKT has a low relative strength, it was outperformed by 76.23% off all stocks 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 | MIXED | The current price of RKT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.43 | NEUTRAL | The RSI value for RKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests RKT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.19 | OVERSOLD | The low Stochastics value suggests RKT may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for RKT suggests high volalility. |
| Average Directional Index/ADX (14) | 42.81 | POSITIVE | The high ADX value value for RKT suggests a strong trend. |
RKT Chart- and CandleStick Pattern Analysis
RKT Technicals: Chart, Performance Metrics, Trend & Indicators
14.76
+0.62 (+4.38%)
ROCKET COS INC-CLASS A / RKT TA 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.
What is the current trend direction of ROCKET COS INC-CLASS A (RKT) stock?
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 35.4251. This indicates that the stock is currently neutral.
What is the MACD signal for RKT stock?
The MACD indicator for ROCKET COS INC-CLASS A (RKT) has a value of -0.14143, indicating a bearish trend.
What is the short term momentum for RKT stock?
The short term momentum for ROCKET COS INC-CLASS A (RKT) is negative.