Raytheon Company (RTN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RTN -
Taking everything into account, RTN scores 0 out of 10 in our technical rating. RTN'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 technical rating of RTN 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.
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115.79
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 139.75 to 140.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @165.18 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 RTN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RTN is down. |
| ChartMill Relative Strength | 21.64 | NEGATIVE | RTN has a low relative strength, it was outperformed by 78.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RTN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.23 | NEUTRAL | The RSI value for RTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests RTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.18 | NEUTRAL | The Stochastics value for RTN is a neutral value. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for RTN suggests high volalility. |
116.96
-5.47 (-4.47%)
Raytheon Company / RTN FAQ
What is the ChartMill technical rating of Raytheon Company (RTN) stock?
ChartMill assigns a technical rating of 0 / 10 to RTN.
What is the trend direction for RTN stock?
The current trend direction for Raytheon Company (RTN) is Bearish.
What is the RSI signal for Raytheon Company (RTN) stock?
Raytheon Company (RTN) has an RSI value of 33.2252. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Raytheon Company?
The MACD indicator for Raytheon Company (RTN) has a value of 1.27501, indicating a bullish trend.
What is the buy/sell signal for RTN stock?
The buy/sell signal for Raytheon Company (RTN) is sell as both the short term and long term trends are negative.