RTX CORP (RTX) Stock Technical Analysis
NYSE:RTX - New York Stock Exchange, Inc. - US75513E1010 - Common Stock - Currency: USD
Overall RTX gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RTX did better than 85% of all other stocks. We also observe that the gains produced by RTX over the past year are nicely spread over this period.
RTX is part of the Aerospace & Defense industry. There are 503 other stocks in this industry. RTX outperforms 93% of them.
RTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RTX has a been trading in the 135.43 - 149.26 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
RTX has an average volume of 5618220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, RTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
113.31
149.97
We found 4 important support areas.
- A support zone ranging from 141.37 to 145.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @125.40 from a trend line in the weekly time frame.
- Support @118.00 from a horizontal line in the daily time frame.
- Support @114.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 146.65 to 148.49. 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 | 85.14 | POSITIVE | RTX has a high relative strength, it outperformed 85.14% 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) | 60.41 | NEUTRAL | The RSI value for RTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests RTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.17 | NEUTRAL | The Stochastics value for RTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for RTX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.81 | NEGATIVE | The low ADX value for RTX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 148.50 | 141.36 | 7.14 (4.81%) | 20.80% |
| An entry @148.50. This is a Buy Stop order right above the resistance zone. | An exit @141.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.14 points, which is 4.81%. | When investing 20.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
145.75
+1.23 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.85%
1 Week2.16%
2 Weeks-0.08%
1 Month5.2%
3 Month24.1%
6 Month25.79%
12 Month45.21%
2 Year65.76%
3 Year56.37%
5 Year157.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.96
ATR(20)%2.03%
ATR Inc-42.52%
Range Today2.02
ADR(20)2.78
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.14
Mansfield0.78
10 Day High148.15
10 Day Low140.47
20 Day High149.26
20 Day Low135.43
52 Week High149.26
52 Week Low99.42
CS1 End142
CR1 Start144.95
Volume & EV
DER(3)2.64%
DER(5)2.17%
Volume1.89M
Volume Incr-22.17%
Vol(5)5.01M
Vol(50)5.62M