RXT
Rackspace Technology·NASDAQ
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1.64 / 10
Underperform
Technical analysis is underperforming, with a composite score of 1.64/10. Dominant bearish signals include frequent long upper and lower shadows, historically associated with negative returns (-0.82% and -3.64% respectively). The preponderance of two bearish versus zero bullish indicators suggests a weak market state and heightened downside risk in the near term, warranting defensive positioning.
Analysis Checks(0/2)
Long Upper Shadow
Score2.28/10
Win Rate47.92%
Hist. Signals48
Avg Return-0.82%
Score2.28/10
Win Rate47.92%
Hist. Signals48
Avg Return-0.82%
Long Lower Shadow
Score1/10
Win Rate25.64%
Hist. Signals39
Avg Return-3.64%
Score1/10
Win Rate25.64%
Hist. Signals39
Avg Return-3.64%
Long Upper Shadow
Score2.28/10
Win Rate47.92%
Hist. Signals48
Avg Return-0.82%
Score2.28/10
Win Rate47.92%
Hist. Signals48
Avg Return-0.82%
Long Lower Shadow
Score1/10
Win Rate25.64%
Hist. Signals39
Avg Return-3.64%
Score1/10
Win Rate25.64%
Hist. Signals39
Avg Return-3.64%
Technical Analysis of RXT?
- RXT presents a Underperform setup with a Technical Score of 1.64/10. Key technical indicators highlight an RSI of 12.48 and a MACD of -0.06, with the trend anchored by the 50-Day SMA at 0.93. Traders should monitor key support at 0.39 and resistance at 0.52.
