Will RTX Stock Break 50-Day EMA Level?
The post Will RTX Stock Break 50-Day EMA Level? appeared on BitcoinEthereumNews.com. RTX stock price is trading below the showcasing bearishness on the daily time frame. However, the buyers are trying their best to rebound from the current situation but were getting rejected from the 50 EMA level. RTX stock price halted near the value of $100 breaking below the key moving averages of 50, 100, and 200-Day showcasing bearishness on the daily and weekly timeframe. RTX stock price is currently oversold and facing extreme bearish pressure from the sellers. RTX stock performance has been dismal throughout the year. The performance was -27.47% since the beginning of the year and a -27.61% negative return in the past 6 months. The downtrend extended as the stock returned -24.55% in 3 months. Additionally, it fell 16.75% in a month and -3.06% in a week. The performance data clearly showcases the weak performance of the stock and the dominance of bears throughout the year. At the time of writing, the RTX stock is trading at $73.25 with a trading volume of 8.666 Million and the average trading volume of the last 10 days is 8.847 Million with a market cap of $106.616 Billion. The company has a dividend yield of 3.22% and a price-to-earnings ratio of 19.43. Additionally, the basic EPS of the company is $3.80, and the shares float of 1.454 Billion. Technical Analysis of RTX Stock Price Source: Tradingview RTX stock price currently trading below the 20, 50, 100, and 200-day EMAs, showcasing the bearishness in the trend. The RSI curve is currently trading in the neutral zone. The RSI curve is currently at 57.64 points and the 14 SMA line is at 47.18 points showcasing bearishness in the stock price. The MACD is in the positive territory showcasing the bullish trend. 23 analysts gave their forecast for the RTX stock price for…
The post Will RTX Stock Break 50-Day EMA Level? appeared on BitcoinEthereumNews.com.
RTX stock price is trading below the showcasing bearishness on the daily time frame. However, the buyers are trying their best to rebound from the current situation but were getting rejected from the 50 EMA level. RTX stock price halted near the value of $100 breaking below the key moving averages of 50, 100, and 200-Day showcasing bearishness on the daily and weekly timeframe. RTX stock price is currently oversold and facing extreme bearish pressure from the sellers. RTX stock performance has been dismal throughout the year. The performance was -27.47% since the beginning of the year and a -27.61% negative return in the past 6 months. The downtrend extended as the stock returned -24.55% in 3 months. Additionally, it fell 16.75% in a month and -3.06% in a week. The performance data clearly showcases the weak performance of the stock and the dominance of bears throughout the year. At the time of writing, the RTX stock is trading at $73.25 with a trading volume of 8.666 Million and the average trading volume of the last 10 days is 8.847 Million with a market cap of $106.616 Billion. The company has a dividend yield of 3.22% and a price-to-earnings ratio of 19.43. Additionally, the basic EPS of the company is $3.80, and the shares float of 1.454 Billion. Technical Analysis of RTX Stock Price Source: Tradingview RTX stock price currently trading below the 20, 50, 100, and 200-day EMAs, showcasing the bearishness in the trend. The RSI curve is currently trading in the neutral zone. The RSI curve is currently at 57.64 points and the 14 SMA line is at 47.18 points showcasing bearishness in the stock price. The MACD is in the positive territory showcasing the bullish trend. 23 analysts gave their forecast for the RTX stock price for…
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