RTX CORP (RTX) Technical Analysis
NYSE:RTX • US75513E1010
Current stock price
RTX Technical Rating and Analysis
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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, RTX did better than 89% of all other stocks. On top of that, RTX also shows a nice and consistent pattern of rising prices.
- RTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RTX is performing more or less in line with the market.
- RTX has an average volume of 6571990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RTX is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, RTX did better than 54% of them.
- In the last month RTX has a been trading in the 192.62 - 214.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RTX Weekly and Daily overview Charts
RTX Setup Rating and Analysis
Besides having an excellent technical rating, RTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 204.51, a Stop Loss order could be placed below this zone.
More info and screens
RTX Support and Resistance Analysis
137.52
We found 3 important support areas.
- A support zone ranging from 194.13 to 204.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @177.28 from a trend line in the daily time frame.
- Support @138.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 207.12 to 212.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RTX 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 | UP | POSITIVE | The long term trend for RTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RTX is neutral. |
| ChartMill Relative Strength | 89.57 | POSITIVE | RTX has a high relative strength, it outperformed 89.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RTX is above 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) | 52.34 | NEUTRAL | The RSI value for RTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests RTX has a negative trend. |
| Stochastics (14,3) | 56.31 | NEUTRAL | The Stochastics value for RTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for RTX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for RTX suggests a weak or negative trend. |
RTX Chart- and CandleStick Pattern Analysis
RTX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 212.18 | 200.09 | 12.09 (5.70%) | 17.54% |
| An entry @212.18. This is a Buy Stop order right above the resistance zone. | An exit @200.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 12.09 points, which is 5.70%. | For a 1.00% total portfolio risk, you can invest 17.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RTX Technicals: Chart, Performance Metrics, Trend & Indicators
204.52
+1.48 (+0.73%)
RTX CORP / RTX TA FAQ
Can you provide the ChartMill technical rating for RTX CORP?
ChartMill assigns a technical rating of 10 / 10 to RTX.
What is the trend direction for RTX stock?
The current trend direction for RTX CORP (RTX) is Bullish.
What is the RSI signal for RTX stock?
RTX CORP (RTX) has an RSI value of 52.3396. This indicates that the stock is currently neutral.
What is the MACD signal for RTX CORP (RTX) stock?
The MACD indicator for RTX CORP (RTX) has a value of -0.419876, indicating a bearish trend.
What is the support and resistance level for RTX stock?
RTX CORP (RTX) has a support level at 204.51 and a resistance level at 207.12. Check the full technical report for our detailed analysis of RTX support and resistance levels.