RTX CORP (RTX) Stock Technical Analysis
USA - NYSE:RTX - US75513E1010 - Common Stock
We assign a technical rating of 10 out of 10 to RTX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RTX is showing a nice and steady performance.
Although RTX has an excellent technical rating, it does not present a decent entry opportunity 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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131.64
3 important support areas can be observed.
- A support zone ranging from 164.44 to 166.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.74 to 153.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @132.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 175.33 to 179.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for RTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RTX is up. |
| ChartMill Relative Strength | 88.42 | POSITIVE | RTX has a high relative strength, it outperformed 88.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for RTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests RTX has a negative trend. |
| Stochastics (14,3) | 45.37 | NEUTRAL | The Stochastics value for RTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for RTX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for RTX suggests a strong trend. |
173.96
-3.73 (-2.1%)
RTX CORP / RTX FAQ
Can you provide the ChartMill technical rating for RTX CORP?
ChartMill assigns a technical rating of 10 / 10 to RTX.
Can you provide the trend direction for RTX CORP?
The current trend direction for RTX CORP (RTX) is Bullish.
What is the RSI signal for RTX CORP (RTX) stock?
RTX CORP (RTX) has an RSI value of 52.6105. This indicates that the stock is currently neutral.
What is the short term momentum for RTX stock?
The short term momentum for RTX CORP (RTX) is positive.
Can you provide the buy/sell signal for RTX CORP?
The buy/sell signal for RTX CORP (RTX) is buy as both the short term and long term trends are positive.