RIGETTI COMPUTING INC (RGTI)

US76655K1034 - Common Stock

11.18  +1.81 (+19.32%)

Technical Rating and Analysis

9

Taking everything into account, RGTI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RGTI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
RGTI is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. RGTI outperforms 100% of them.
RGTI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RGTI is performing more or less in line with the market.
In the last month RGTI has a been trading in the 1.54 - 12.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RGTI has an average volume of 72406000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RGTI is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RGTI Weekly chart
RGTI Daily chart
Setup Rating and Analysis

3

Although RGTI has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

9.27

11.29

We found 1 important support area.

  • A support zone ranging from 9.36 to 9.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.84
Mansfield46.43
10 Day High12.75
10 Day Low4.28
20 Day High12.75
20 Day Low1.54
52 Week High12.75
52 Week Low0.66
Performance
1 Week30.87%
2 Weeks113.93%
1 Month533.11%
3 Month1080.25%
6 Month883.11%
12 Month842.66%
2 Year1184.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.41
RSI(14)66.18
LBB1.37
UBB11.83
RGTI Daily chart

RIGETTI COMPUTING INC

NASDAQ:RGTI (12/23/2024, 11:13:10 AM)

11.18

+1.81 (+19.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg19.32%
1 Week30.87%
2 Weeks113.93%
1 Month533.11%
3 Month1080.25%
6 Month883.11%
12 Month842.66%
2 Year1184.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%17.05%
ATR Inc126.78%
Range Today1.86
ADR(20)1.52
ADR(20)%13.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.84
Mansfield46.43
10 Day High12.75
10 Day Low4.28
20 Day High12.75
20 Day Low1.54
52 Week High12.75
52 Week Low0.66
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.03%
DER(5)0.96%
Volume155.40M
Volume Incr101.22%
Vol(5)224.85M
Vol(50)72.41M