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RIGETTI COMPUTING -CW27 (RGTIW) Stock Technical Analysis

NASDAQ:RGTIW - Nasdaq - - Currency: USD

5.01  -0.08 (-1.57%)

Technical Rating and Analysis

8

Taking everything into account, RGTIW scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, RGTIW has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
RGTIW has an average volume of 1339030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RGTIW did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
RGTIW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RGTIW is lagging the market.
In the last month RGTIW has a been trading in the 1.95 - 9.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RIGETTI COMPUTING -CW27 / RGTIW Weekly stock chart
RIGETTI COMPUTING -CW27 / RGTIW Daily stock chart
Setup Rating and Analysis

6

RGTIW has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.32. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RGTIW 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.
Support and Resistance Analysis

4.96

5.45

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 5.08 to 5.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 5.32 to 5.40. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS99.96
Mansfield41.07
10 Day High6.63
10 Day Low4.06
20 Day High9.79
20 Day Low1.95
52 Week High9.79
52 Week Low0.06
Performance
1 Week-16.69%
2 Weeks48.4%
1 Month-34.91%
3 Month2510.26%
6 Month4310.75%
12 Month1717.86%
2 Year6025.15%
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)-0.16
RSI(14)51.2
LBB2.32
UBB7.09
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
5.415.070.34 (6.28%)15.91%
An entry @5.41. This is a Buy Stop order right above the resistance zone.An exit @5.07. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.34 points, which is 6.28%.When investing 15.91% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of RGTIW. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RIGETTI COMPUTING -CW27 / RGTIW Daily stock chart

RIGETTI COMPUTING -CW27

NASDAQ:RGTIW (1/30/2025, 1:42:30 PM)

5.01

-0.08 (-1.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.57%
1 Week-16.69%
2 Weeks48.4%
1 Month-34.91%
3 Month2510.26%
6 Month4310.75%
12 Month1717.86%
2 Year6025.15%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.56
ATR(20)%33.48%
ATR Inc-63.51%
Range Today0.45
ADR(20)1.43
ADR(20)%28.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.96
Mansfield41.07
10 Day High6.63
10 Day Low4.06
20 Day High9.79
20 Day Low1.95
52 Week High9.79
52 Week Low0.06
CS1 End5.08
CR1 Start5.32
Volume & EV
DER(3)8.26%
DER(5)5.51%
Volume256.25K
Volume Incr-61.92%
Vol(5)722.58K
Vol(50)1.34M