RACKSPACE TECHNOLOGY INC (RXT) Stock Technical Analysis
NASDAQ:RXT - Nasdaq - US7501021056 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to RXT. In the past year, RXT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
87% of all other stocks performed better in the past year than RXT.
RXT is one of the lesser performing stocks in the IT Services industry. 75% of 82 stocks in the same industry do better.
RXT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RXT has a been trading in the 1.21 - 1.60 range, which is quite wide. It is currently trading near the lows of this range.
RXT has an average volume of 1113360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
RXT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for RXT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.40
3.01
2 important support areas can be observed.
- A support zone ranging from 1.45 to 1.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @1.58 from a horizontal line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for RXT is up. |
| ChartMill Relative Strength | 13.14 | NEGATIVE | RXT has a low relative strength, it was outperformed by 86.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RXT is above the rising 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) | 57.47 | NEUTRAL | The RSI value for RXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.28 | NEUTRAL | The Stochastics value for RXT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for RXT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.25 | 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 (7/23/2025, 10:38:47 AM)
1.5
+0.02 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.35%
1 Week2.78%
2 Weeks6.47%
1 Month21.31%
3 Month7.25%
6 Month-44.57%
12 Month-34.8%
2 Year-36.21%
3 Year-78.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.53%
ATR Inc-4.21%
Range Today0.33
ADR(20)0.09
ADR(20)%6.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.14
Mansfield-3.38
10 Day High1.6
10 Day Low1.32
20 Day High1.6
20 Day Low1.21
52 Week High3.41
52 Week Low1
CS1 End1.41
CR1 Start1.49
Volume & EV
DER(3)2.92%
DER(5)5.17%
Volume595.28K
Volume Incr-38.23%
Vol(5)721.46K
Vol(50)1.11M