RIGETTI COMPUTING INC (RGTI) Stock Technical Analysis
NASDAQ:RGTI - Nasdaq - US76655K1034 - Common Stock - Currency: USD
Taking everything into account, RGTI scores 7 out of 10 in our technical rating. 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 RGTI has a been trading in the 10.24 - 16.20 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
RGTI is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. RGTI outperforms 100% of them.
RGTI has an average volume of 166005000 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 overall good ranking is mostly due to the recent strong 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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, RGTI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
9.51
14.12
We found 2 important support areas.
- Support @10.51 from a horizontal line in the daily time frame.
- Support @9.61 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @13.98 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.77
Mansfield19.23
10 Day High13.85
10 Day Low10.24
20 Day High16.2
20 Day Low10.24
52 Week High21.42
52 Week Low0.66
Performance
1 Week-12.24%
2 Weeks-19.11%
1 Month-20.19%
3 Month517.82%
6 Month1012.95%
12 Month580.38%
2 Year1333.91%
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)-0.31
RSI(14)45.07
LBB9.96
UBB14.34
10.75
-0.72 (-6.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-6.28%
1 Week-12.24%
2 Weeks-19.11%
1 Month-20.19%
3 Month517.82%
6 Month1012.95%
12 Month580.38%
2 Year1333.91%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%14.08%
ATR Inc10.67%
Range Today1.87
ADR(20)1.49
ADR(20)%13.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.77
Mansfield19.23
10 Day High13.85
10 Day Low10.24
20 Day High16.2
20 Day Low10.24
52 Week High21.42
52 Week Low0.66
CS1 End10.51
CR1 Start13.98
Volume & EV
DER(3)0.46%
DER(5)-1.76%
Volume84.94M
Volume Incr-40.67%
Vol(5)78.69M
Vol(50)166.00M