ROCKET COS INC-CLASS A (RKT)

US77311W1018 - Common Stock

11.53  +0.15 (+1.32%)

After market: 11.54 +0.01 (+0.09%)

Technical Rating and Analysis

1

Taking everything into account, RKT scores 1 out of 10 in our technical rating. RKT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month RKT has a been trading in the 11.32 - 15.01 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.
RKT has an average volume of 2531890 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.
When comparing the yearly performance of all stocks, we notice that RKT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RKT is part of the Financial Services industry. There are 102 other stocks in this industry, RKT did better than 64% of them.
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.
Weekly and Daily overview Charts
RKT Weekly chart
RKT Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

7.40

13.85

When analyzing the support we can see 4 important areas.

  • 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 @7.79 from a trend line in the weekly time frame.
  • Support @7.47 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 12.39 to 12.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @13.71 from a trend line in the daily time frame.
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
CRS77.76
Mansfield0.17
10 Day High14.25
10 Day Low11.32
20 Day High15.01
20 Day Low11.32
52 Week High15.19
52 Week Low7.17
Performance
1 Week-6.94%
2 Weeks-11.78%
1 Month-14.59%
3 Month-5.65%
6 Month57.73%
12 Month30.73%
2 Year30.28%
3 Year-48.64%
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)-0.28
RSI(14)38.14
LBB10.84
UBB14.47
RKT Daily chart

ROCKET COS INC-CLASS A

NYSE:RKT (4/18/2024, 7:17:43 PM)

After market: 11.54 +0.01 (+0.09%)

11.53

+0.15 (+1.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.32%
1 Week-6.94%
2 Weeks-11.78%
1 Month-14.59%
3 Month-5.65%
6 Month57.73%
12 Month30.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.65
ATR(20)%5.56%
ATR Inc
Range Today0.47
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 High14.25
10 Day Low11.32
20 Day High15.01
20 Day Low11.32
52 Week High15.19
52 Week Low7.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.64M
Volume Incr-32.89%
Vol(5)1.93M
Vol(50)2.53M