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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/26/2024 16:17:00 EST
Raytheon Technologies Corp (RTX)
Industry: Aerospace & Defense
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, RTX has been trading in a range between $104.99 and $99.55 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
RTX is breaking above top of the recent 20 day range at $108.44 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Raytheon Technologies Corp $RTX entered a Green zone 9 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $81.42, a potential down side of -28.55% from the recent price of 113.95. The stock is trading 1.64% (potential upside) below its 52 week high of $115.82 and 69.54 % (potential downside) above its 52 week low of $67.21 - based on the recent price.
Company Summary
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
News
| The 3 Best Human Augmentation Stocks to Buy Now When we hear of human augmentation, it's easy to picture something out of a sci-fi movie. But actually, we interact with human augmentation devices and capabilities on a day-to-day basis without it being apparent. Source: InvestorPlace Fri, 26 Jul 2024 13:57:53 -0400 Sentiment: Positive |
| Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push To gain an edge, this is what you need to know today. Source: Benzinga Fri, 26 Jul 2024 11:30:49 -0400 Sentiment: Negative |
| U.S. defense stock soars over 60% since massive politician insider trade As Raytheon (NYSE: RTX) stock has just reached its new all-time high (ATH) of $113.47, it became apparent that one United States politician has tremendously profited from its price increase – Markwayne Mullin – who is also a member of the U.S. Armed Services Committee. Source: Finbold Fri, 26 Jul 2024 06:39:22 -0400 Sentiment: Positive |
| RTX Corporation's Q2 2024 Earnings Unveiled RTX Corporation posts mixed Q2 2024 results, with notable achievements and challenges. Source: The Motley Fool Thu, 25 Jul 2024 17:07:34 -0400 Sentiment: Negative |
| Avio Partners With Raytheon (RTX) to Build a More Resilient U.S. Defense Industrial Base for Solid Rocket Motor Production COLLEFERRO, ITALY / ACCESSWIRE / July 25, 2024 / Avio signed a contract with Raytheon, an RTX (NYSE:RTX) business, leaders in defense solutions for the U.S. Government and Allied Demand, to initiate and progress the development of critical solid rocket motors for defense applications. The contract furthers the systems engineering work required to mature these solid rocket motors into a production-ready state. Source: Accesswire Thu, 25 Jul 2024 14:45:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 115.82 52 Week Low: 67.2088 Beta: 0.545 50 Day MA: 104.3446 200 Day MA: 92.5256 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.911 Qtr Revenue Growth YOY: 0.077 Forward PE: 18.8679 Trailing PE: 65.9709