Rocket Companies RKT Crumbles 4 54% Amid Bearish Technical Pressures Trading Volume Ranks 204th

Rocket Companies (RKT) fell 4.54% to $18.08 on August 27, 2025, with a trading volume of 0.43 billion, ranking 204th in market activity. The decline occurred amid bearish technical indicators and heightened volatility, as evidenced by a long-red candle with a pronounced upper shadow and key support levels near $18.00–$18.06.

Technical analysis highlights bearish momentum across multiple frameworks. Candlestick patterns, including a bearish engulfing formation on August 25 and a failed attempt to reclaim $19.00, reinforce downside bias. Moving averages show a deteriorating short-term trend, with the 50-day SMA (~$18.40) acting as resistance after the stock closed below it. MACD and KDJ indicators confirm bearish momentum, with the MACD line in negative territory and KDJ nearing oversold levels, though divergence suggests caution against immediate reversals.

Bollinger Bands and Fibonacci retracements further underscore critical price zones. The stock recently traded near the lower band ($18.06), aligning with Fibonacci 23.6% retracement levels. A breakdown below $18.00 could target the 38.2% level at $17.87, while a rebound above $18.50 might invalidate bearish signals. Volume distribution and RSI divergence support ongoing distribution pressure, with above-average selling volumes on recent declines confirming bearish sentiment.

Confluence of indicators identifies $18.00–$18.06 as a pivotal pivot zone. A close above $18.50 would signal bullish invalidation, while sustained weakness below $18.00 could accelerate declines. The technical landscape remains dominated by bearish signals, with key support and resistance levels dictating near-term direction.