Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Rackspace Technology, Inc. (NASDAQ:RXT)
Strong Downtrend (-100) - RXT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RXT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for RXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RXT
The long-term trend has been DOWN since Dec 3rd, 2021 at 13.225
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 2.840
The short-term trend has been DOWN since Mar 10th, 2023 at 2.220
Smart Scan Analysis for RXT
Based on our trend formula, RXT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.13||52wk High Date||2022-04-04|
|52wk Low||1.57||52wk Low Date||2023-03-20|
|Average Volume||1,610,209||Shares Outstanding||212,845|