Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Raytheon Technologies Corp. (NYSE:RTX)
Crossroads (+60) - RTX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RTX
The long-term trend has been DOWN since Feb 25th, 2020 at 142.78
The intermediate-term trend has been UP since May 26th, 2020 at 60.77
The short-term trend has been UP since May 18th, 2020 at 56.09
Smart Scan Analysis for RTX
Based on our trend formula, RTX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).