RIGETTI COMPUTING INC (RGTI) Stock Technical Analysis
NASDAQ:RGTI - Nasdaq - US76655K1034 - Common Stock
Taking everything into account, RGTI scores 8 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RGTI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 100% of 109 stocks in the same industry.
RGTI has an average volume of 148647000 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.
RGTI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RGTI is lagging the market.
In the last month RGTI has a been trading in the 5.95 - 21.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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.
More info and screens
13.77
14.13
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.92 to 13.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.85
Mansfield37.53
10 Day High20.1
10 Day Low5.95
20 Day High21.42
20 Day Low5.95
52 Week High21.42
52 Week Low0.66
Performance
1 Week55.42%
2 Weeks-28.7%
1 Month86.21%
3 Month1040.16%
6 Month1200%
12 Month1176.15%
2 Year1681.96%
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)-0.49
RSI(14)55.95
LBB4.51
UBB22.07
RIGETTI COMPUTING INC
NASDAQ:RGTI (1/22/2025, 6:48:10 PM)
After market: 13.59 -0.32 (-2.3%)13.91
-0.07 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.5%
1 Week55.42%
2 Weeks-28.7%
1 Month86.21%
3 Month1040.16%
6 Month1200%
12 Month1176.15%
2 Year1681.96%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.23
ATR(20)%23.61%
ATR Inc-11.51%
Range Today1.7
ADR(20)2.83
ADR(20)%20.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.85
Mansfield37.53
10 Day High20.1
10 Day Low5.95
20 Day High21.42
20 Day Low5.95
52 Week High21.42
52 Week Low0.66
CS1 EndN/A
CR1 Start13.92
Volume & EV
DER(3)1.34%
DER(5)1.33%
Volume168.34M
Volume Incr19.41%
Vol(5)239.48M
Vol(50)148.65M