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 05/01/2024 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 91.63 USD

My targets

103.98 USD (+2.43%)

109.89 USD (+8.24%)

My analysis

RTX CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 91.63 USD. The next resistance located at 103.98 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 109.89 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

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 pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RTX CORP. rating 101.52 USD. Over 5 days, this instrument gained +0.50% and has been traded over the last 5 days between 101.47 USD and 102.82 USD. This implies that the 5 day price is +0.05% from its lowest point and -1.26% from its highest point.

101.47

102.82

101.52

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of RTX CORP. in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

Near resistance of channel

Type : Bearish

Timeframe : Weekly

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	63.47	68.41	78.75	101.52	102.48
Change (%)	-37.48%	-32.61%	-22.43%	-	+0.95%
Change	-38.05	-33.11	-22.77	-	+0.96
Level	Major	Intermediate	Intermediate	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.70	100.59	101.05	101.94	102.40	103.29	103.75
Camarilla	101.15	101.27	101.40	101.52	101.64	101.77	101.89
Woodie	99.50	100.48	100.85	101.83	102.20	103.18	103.55
Fibonacci	100.59	101.10	101.42	101.94	102.45	102.77	103.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.55	97.72	99.56	101.73	103.57	105.74	107.58
Camarilla	100.31	100.68	101.04	101.41	101.78	102.15	102.51
Woodie	95.40	97.64	99.41	101.65	103.42	105.66	107.43
Fibonacci	97.72	99.25	100.20	101.73	103.26	104.21	105.74

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.50	85.72	91.63	94.85	100.76	103.98	109.89
Camarilla	95.02	95.86	96.69	97.53	98.37	99.20	100.04
Woodie	83.84	86.39	92.97	95.52	102.10	104.65	111.23
Fibonacci	85.72	89.21	91.37	94.85	98.34	100.50	103.98

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):	72.54
MACD (12,26,9):	4.6400
Directional Movement:	24.11
AROON (14):	92.86
DEMA (21):	99.04
Parabolic SAR (0,02-0,02-0,2):	98.02
Elder Ray (13):	5.84
Super Trend (3,10):	92.95
Zig ZAG (10):	101.52
VORTEX (21):	1.3200
Stochastique (14,3,5):	89.05
TEMA (21):	102.99
Williams %R (14):	-15.81
Chande Momentum Oscillator (20):	11.61
Repulse (5,40,3):	0.0500
ROCnROLL:	1
TRIX (15,9):	0.6000
Courbe Coppock:	30.34

MA7:	101.58
MA20:	100.96
MA50:	95.86
MA100:	90.92
MAexp7:	99.37
MAexp20:	93.64
MAexp50:	89.86
MAexp100:	88.32
Price / MA7:	-0.06%
Price / MA20:	+0.55%
Price / MA50:	+5.90%
Price / MA100:	+11.66%
Price / MAexp7:	+2.16%
Price / MAexp20:	+8.42%
Price / MAexp50:	+12.98%
Price / MAexp100:	+14.95%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on RTX CORP. at the time of the analysis were as follows:

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

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