RTX CORP (RTX)
US75513E1010 - Common Stock
We assign a technical rating of 7 out of 10 to RTX. In the last year, RTX was one of the better performers, but we do observe some doubts in the very recent evolution.
Looking at the yearly performance, RTX did better than 82% of all other stocks. On top of that, RTX also shows a nice and consistent pattern of rising prices.
RTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RTX is lagging the market slightly.
In the last month RTX has a been trading in the 117.13 - 126.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RTX has an average volume of 5215110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RTX is an average performer in the Aerospace & Defense industry, it outperforms 68% of 65 stocks in the same industry.
RTX 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 support zone below the current price at 120.03, a Stop Loss order could be placed below this zone.
More info and screens
110.99
128.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 116.06 to 120.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.11 to 112.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 121.07 to 122.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 125.05 to 127.21. 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
CRS82.38
Mansfield0.37
10 Day High125.54
10 Day Low117.13
20 Day High126.25
20 Day Low117.13
52 Week High128.7
52 Week Low79.13
Performance
1 Week1.35%
2 Weeks0.37%
1 Month-3.71%
3 Month1.7%
6 Month13.42%
12 Month50.7%
2 Year22.09%
3 Year48.95%
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)-0.25
RSI(14)47.15
LBB116.33
UBB125.01
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.15 | 117.12 | 5.03 (4.12%) | 24.28% |
| An entry @122.15. This is a Buy Stop order right above the resistance zone. | An exit @117.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.03 points, which is 4.12%. | When investing 24.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
RTX CORP
NYSE:RTX (11/21/2024, 8:04:00 PM)
Premarket: 120.94 +0.41 (+0.34%)120.53
+1.38 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.16%
1 Week1.35%
2 Weeks0.37%
1 Month-3.71%
3 Month1.7%
6 Month13.42%
12 Month50.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.52
ATR(20)%1.92%
ATR Inc
Range Today2.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High125.54
10 Day Low117.13
20 Day High126.25
20 Day Low117.13
52 Week High128.7
52 Week Low79.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.85M
Volume Incr-5.2%
Vol(5)4.99M
Vol(50)5.22M