RTX CORP (RTX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RTX - US75513E1010 - Common Stock
Overall RTX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
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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135.48
When analyzing the support we can see 5 important areas.
- A support zone ranging from 183.89 to 187.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 177.28 to 178.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 168.01 to 169.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @153.66 from a horizontal line in the daily time frame.
- Support @136.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 188.51 to 190.41. This zone is formed by a combination of multiple trend lines 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 | 90.68 | POSITIVE | RTX has a high relative strength, it outperformed 90.68% 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) | 62.96 | NEUTRAL | The RSI value for RTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.21 | NEUTRAL | The Stochastics value for RTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for RTX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.63 | POSITIVE | The high ADX value value for RTX suggests a strong trend. |
188.5
+1.33 (+0.71%)
RTX CORP / RTX 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 62.9623. 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 0.131048, indicating a bearish trend.
What is the support and resistance level for RTX stock?
RTX CORP (RTX) has a support level at 187.79 and a resistance level at 188.51. Check the full technical report for our detailed analysis of RTX support and resistance levels.