RTX CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	RTX
ISIN:

RTX CORP. - Weekly - Technical analysis published on 09/22/2023 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 79.76 USD

My targets

64.37 USD (-10.29%)

48.99 USD (-31.72%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RTX CORP. as long as the price remains well below 79.76 USD. The sellers' bearish objective is set at 64.37 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 48.99 USD. In case of crossing, the next objective would be the support located at 44.23 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by CSM-Analytics. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RTX CORP. price is 71.75 USD. Over 5 days, this instrument lost -5.34% and has been traded over the last 5 days between 71.58 USD and 76.51 USD. This implies that the 5 day price is +0.24% from its lowest point and -6.22% from its highest point.

71.58

76.51

71.75

Here is a more detailed summary of the historical variations registered by RTX CORP.:

Technical

A technical analysis in Weekly of this RTX CORP. chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Weekly

Support of channel is broken

Type : Bearish

Timeframe : Weekly

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	48.99	64.37	69.76	71.75	79.76	91.05	101.86
Change (%)	-31.72%	-10.29%	-2.77%	-	+11.16%	+26.90%	+41.97%
Change	-22.76	-7.38	-1.99	-	+8.01	+19.30	+30.11
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69.89	71.17	71.90	73.18	73.91	75.19	75.92
Camarilla	72.09	72.27	72.46	72.64	72.82	73.01	73.19
Woodie	69.63	71.03	71.64	73.04	73.65	75.05	75.66
Fibonacci	71.17	71.93	72.41	73.18	73.94	74.42	75.19

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	65.90	69.76	72.78	76.64	79.66	83.52	86.54
Camarilla	73.91	74.54	75.17	75.80	76.43	77.06	77.69
Woodie	65.48	69.55	72.36	76.43	79.24	83.31	86.12
Fibonacci	69.76	72.39	74.01	76.64	79.27	80.89	83.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.16	81.96	84.00	85.80	87.84	89.64	91.68
Camarilla	84.98	85.34	85.69	86.04	86.39	86.74	87.10
Woodie	80.28	82.02	84.12	85.86	87.96	89.70	91.80
Fibonacci	81.96	83.43	84.33	85.80	87.27	88.17	89.64

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	23.79
MACD (12,26,9):	-4.7300
Directional Movement:	-33.23
AROON (14):	-100.00
DEMA (21):	82.51
Parabolic SAR (0,02-0,02-0,2):	91.92
Elder Ray (13):	-10.79
Super Trend (3,10):	87.52
Zig ZAG (10):	71.89
VORTEX (21):	0.7400
Stochastique (14,3,5):	7.57
TEMA (21):	78.31
Williams %R (14):	-99.49
Chande Momentum Oscillator (20):	-25.36
Repulse (5,40,3):	-14.0500
ROCnROLL:	2
TRIX (15,9):	-0.4000
Courbe Coppock:	31.11

MA7:	74.33
MA20:	79.96
MA50:	84.76
MA100:	90.37
MAexp7:	80.83
MAexp20:	87.71
MAexp50:	91.09
MAexp100:	89.63
Price / MA7:	-3.47%
Price / MA20:	-10.27%
Price / MA50:	-15.35%
Price / MA100:	-20.60%
Price / MAexp7:	-11.23%
Price / MAexp20:	-18.20%
Price / MAexp50:	-21.23%
Price / MAexp100:	-19.95%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on RTX CORP.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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