ROCKET COS INC-CLASS A (RKT) Stock Technical Analysis
NYSE:RKT - New York Stock Exchange, Inc. - US77311W1018 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to RKT. RKT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
RKT 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 RKT has a been trading in the 11.71 - 13.50 range, which is quite wide. It is currently trading near the high of this range.
RKT has an average volume of 3201770 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.
When comparing the performance of all stocks over the past year, RKT turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
RKT is an average performer in the Financial Services industry, it outperforms 63% of 101 stocks in the same industry.
RKT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.45
13.39
3 important support areas can be observed.
- A support zone ranging from 12.71 to 12.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.02 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.56 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.26 to 13.26. 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
CRS64.87
Mansfield-1.59
10 Day High13.5
10 Day Low11.71
20 Day High13.5
20 Day Low11.71
52 Week High21.38
52 Week Low10.06
Performance
1 Week3.03%
2 Weeks0.53%
1 Month11.34%
3 Month-3.57%
6 Month-36.33%
12 Month14.62%
2 Year68.58%
3 Year2.63%
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)0.04
RSI(14)58.17
LBB12.07
UBB13.52
13.25
+0.52 (+4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg4.08%
1 Week3.03%
2 Weeks0.53%
1 Month11.34%
3 Month-3.57%
6 Month-36.33%
12 Month14.62%
2 Year68.58%
3 Year2.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%4.33%
ATR Inc26.69%
Range Today0.85
ADR(20)0.52
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.87
Mansfield-1.59
10 Day High13.5
10 Day Low11.71
20 Day High13.5
20 Day Low11.71
52 Week High21.38
52 Week Low10.06
CS1 End12.92
CR1 Start13.26
Volume & EV
DER(3)-2.12%
DER(5)-0.17%
Volume5.33M
Volume Incr-8.24%
Vol(5)2.84M
Vol(50)3.20M