Raytheon Company (RTN) Technical Analysis
NYSE:RTN
Current stock price
RTN Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RTN is a bad performer in the overall market: 79% of all stocks are doing better.
- RTN 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 RTN is lagging the market.
- In the last month RTN has a been trading in the 103.00 - 184.59 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RTN has an average volume of 3619150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RTN Weekly and Daily overview Charts
RTN Setup Rating and Analysis
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.
More info and screens
RTN Support and Resistance Analysis
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.
RTN 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 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. |
RTN Chart- and CandleStick Pattern Analysis
RTN Technicals: Chart, Performance Metrics, Trend & Indicators
116.96
-5.47 (-4.47%)
Raytheon Company / RTN TA 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.
Can you provide the RSI signal for Raytheon Company?
Raytheon Company (RTN) has an RSI value of 33.2252. This indicates that the stock is currently neutral.
What is the short term momentum for RTN stock?
The short term momentum for Raytheon Company (RTN) is negative.
What are the support and resistance levels for Raytheon Company (RTN) stock?
Raytheon Company (RTN) has a resistance level at 139.75. Check the full technical report for our detailed analysis of RTN support and resistance levels.