RTX CORP (RTX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RTX - US75513E1010 - Common Stock
168.45 USD
-0.35 (-0.21%)
168.354 USD
-0.1 (-0.06%)
We assign a technical rating of 7 out of 10 to RTX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RTX has a been trading in the 166.74 - 180.00 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that RTX is one of the better performing stocks in the market, outperforming 87% of all 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 71 other stocks in this industry. RTX outperforms 72% of them.
RTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RTX is lagging the market slightly.
RTX has an average volume of 4694120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
133.09
181.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 167.86 to 168.44. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @163.72 from a trend line in the daily time frame.
- 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 @134.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 169.05 to 173.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 178.66 to 179.45. 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 | DOWN | NEGATIVE | The short term trend for RTX is down. |
| ChartMill Relative Strength | 87.74 | POSITIVE | RTX has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RTX is below 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) | 42.35 | NEUTRAL | The RSI value for RTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests RTX has a negative trend. |
| Stochastics (14,3) | 7.56 | OVERSOLD | The low Stochastics value suggests RTX may be oversold. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for RTX suggests low volalility. |
| Average Directional Index/ADX (14) | 17.36 | 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 |
|---|---|---|---|
| 171.50 | 167.85 | 3.65 (2.13%) | 25.00% |
| An entry @171.50. This is a Buy Stop order right above the 10 day moving average. | An exit @167.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.65 points, which is 2.13%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of RTX. Please evaluate whether better entry and exit points can be found.
- 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.
168.45
-0.35 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.21%
1 Week-2.15%
2 Weeks-3.59%
1 Month-4.08%
3 Month6.94%
6 Month21.1%
12 Month42.77%
2 Year100.2%
3 Year66.91%
5 Year135.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.55
ATR(20)%1.98%
ATR Inc-47.69%
Range Today2.45
ADR(20)3.26
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.74
3 months CRS77.06
6 months CRS80.33
Mansfield0.58
10 Day High177.55
10 Day Low166.74
20 Day High180
20 Day Low166.74
52 Week High181.31
52 Week Low112.27
CS1 End168.44
CR1 Start169.05
Volume & EV
DER(3)-0.98%
DER(5)-0.16%
Volume5.45M
Volume Incr-7.38%
Vol(5)3.93M
Vol(50)4.69M
RTX CORP / RTX FAQ
Can you provide the ChartMill technical rating for RTX CORP?
ChartMill assigns a technical rating of 7 / 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 42.3488. 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 negative.
Can you provide the buy/sell signal for RTX CORP?
The buy/sell signal for RTX CORP (RTX) is hold as the short term and long term trends are mixed.