Rocket Lab Rises 6.22% to Extend Rally as Technicals Signal Bullish Momentum

Rocket Lab (RKLB) concluded the latest session with a 6.22% gain, marking its third consecutive positive close and a cumulative 12.14% advance over this period. This upward momentum warrants comprehensive technical evaluation across multiple methodologies.
Candlestick Theory
The formation of three successive bullish candles—characterized by higher highs/lows and closes near session peaks—resembles the "Three White Soldiers" pattern, suggesting strong buying pressure. Immediate resistance is observed at the 2025-09-15 high of $55.17, breached intraday on 2025-09-23 ($54.16) but not sustainably held. Support is established at the 2025-09-22 low of $46.80, reinforced by the psychological $45.00 level where multiple prior reversals occurred.
Moving Average Theory
The 50-day SMA (approximately $45.80), 100-day SMA (~$42.30), and 200-day SMA (~$37.10) are aligned in a bullish sequence, with the price trading above all three. This configuration underscores a structurally intact uptrend. Notably, the 50-day SMA has provided dynamic support during pullbacks, as seen during the mid-September consolidation.
MACD & KDJ Indicators
The MACD exhibits a bullish crossover, with both the MACD line and signal line ascending in positive territory—consistent with accelerating upward momentum. The KDJ oscillator shows the %K line at 75.2 and %D at 68.0, trending upward but remaining below the overbought threshold (80). This alignment suggests room for further upside before overbought risks materialize.
Bollinger Bands
Volatility expansion is evident as the bands widened significantly during the 2025-09-23 surge, where the price closed near the upper band. This reflects strong directional conviction. Prior to this move, a band contraction phase in late August signaled reduced volatility and preceded the current breakout.
Volume-Price Relationship
Recent gains are validated by rising volume, peaking at 37.86 million shares on 2025-09-23—60% above the 10-day average. This volume surge during advances (versus lighter volume on down days) confirms buyer commitment. Divergence is absent, as volume consistently supports price direction.
Relative Strength Index (RSI)
The 14-day RSI (66) is climbing but remains below the overbought threshold (70), implying sustainable momentum without immediate exhaustion signals. A notable divergence occurred in mid-September when price made a lower low while RSI held higher, foreshadowing the current rebound.
Fibonacci Retracement
Applying Fib levels to the $55.17 (2025-09-15 high) to $46.80 (2025-09-22 low) decline: the 61.8% retracement at $51.97 was decisively breached on 2025-09-23, and the close above this level projects a measured move toward the 100% retracement at $55.17. This aligns with the RSI and MACD’s bullish confluence.