RACKSPACE TECHNOLOGY INC (RXT) Stock Technical Analysis
NASDAQ:RXT - Nasdaq - US7501021056 - Common Stock - Currency: USD
Taking everything into account, RXT scores 1 out of 10 in our technical rating. RXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RXT is a bad performer in the overall market: 92% of all stocks are doing better.
RXT is one of the lesser performing stocks in the IT Services industry. 81% of 82 stocks in the same industry do better.
RXT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RXT has a been trading in the 1.18 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RXT has an average volume of 1086870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RXT has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
1.20
3.01
We found 1 important resistance area.
- Resistance @2.98 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for RXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RXT is down. |
| ChartMill Relative Strength | 8.09 | NEGATIVE | RXT has a low relative strength, it was outperformed by 91.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for RXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RXT has a negative trend. |
| Stochastics (14,3) | 23.02 | NEUTRAL | The Stochastics value for RXT is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for RXT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for RXT suggests a strong 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)
NASDAQ:RXT (7/31/2025, 3:48:56 PM)
1.215
-0.01 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.22%
1 Week-18%
2 Weeks-18%
1 Month-3.91%
3 Month-12.77%
6 Month-53.23%
12 Month-39.71%
2 Year-46.98%
3 Year-81.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9%
ATR Inc-29.02%
Range Today0.01
ADR(20)0.11
ADR(20)%8.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.09
Mansfield-4.48
10 Day High1.57
10 Day Low1.18
20 Day High1.6
20 Day Low1.18
52 Week High3.41
52 Week Low1
CS1 EndN/A
CR1 Start2.98
Volume & EV
DER(3)1.53%
DER(5)-2.5%
Volume9.36K
Volume Incr-23.32%
Vol(5)804.06K
Vol(50)1.09M