RACKSPACE TECHNOLOGY INC (RXT)

US7501021056 - Common Stock

2.25  +0.01 (+0.45%)

After market: 2.25 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to RXT. RXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month RXT has a been trading in the 2.16 - 2.79 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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, RXT did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
RXT is part of the IT Services industry. There are 83 other stocks in this industry, RXT did better than 57% of them.
RXT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RXT is lagging the market slightly.
Weekly and Daily overview Charts
RXT Weekly chart
RXT Daily chart
Setup Rating and Analysis

3

The technical rating of RXT is bad and it also does not present a 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.

Support and Resistance Analysis

2.21

3.03

We found 1 important support area.

  • A support zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @2.69 from a trend line in the weekly time frame.
  • Resistance @2.86 from a trend line in the weekly time frame.
  • Resistance @3.00 from a horizontal line in the daily time frame.
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
CRS73.53
Mansfield-0.52
10 Day High2.67
10 Day Low2.16
20 Day High2.79
20 Day Low2.16
52 Week High3.41
52 Week Low1.45
Performance
1 Week-7.02%
2 Weeks-13.13%
1 Month-5.46%
3 Month-5.06%
6 Month-5.86%
12 Month26.4%
2 Year-23.73%
3 Year-83.3%
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)37.73
LBB2.2
UBB2.71
RXT Daily chart

RACKSPACE TECHNOLOGY INC

NASDAQ:RXT (12/20/2024, 8:00:01 PM)

After market: 2.25 0 (0%)

2.25

+0.01 (+0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.45%
1 Week-7.02%
2 Weeks-13.13%
1 Month-5.46%
3 Month-5.06%
6 Month-5.86%
12 Month26.4%
2 Year-23.73%
3 Year-83.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.38%
ATR Inc-1.31%
Range Today0.17
ADR(20)0.14
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.53
Mansfield-0.52
10 Day High2.67
10 Day Low2.16
20 Day High2.79
20 Day Low2.16
52 Week High3.41
52 Week Low1.45
CS1 End2.24
CR1 Start2.69
Volume & EV
DER(3)-6.15%
DER(5)-6.4%
Volume859.70K
Volume Incr-5.42%
Vol(5)750.22K
Vol(50)824.42K