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RKT Stock Forecast & Rocket Companies Chart Analysis

This article provides a detailed analysis of RKT-Rocket Companies stock including a forecast for RKT shares. It features Rocket Companies, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

RKT Historical Data Review

RKT Current Price Performance Analysis

The Rocket Companies - RKT stock traded on the American stock market, on 06-05-2024, closed at 14.54$ with a %1.32 increased compared to the previous day.

In the last month, the price of RKT changed by %5.29 increased in value, from 13.81 dollars on 05-06-2024 to 14.54 dollars, increased.

Last year, the price of RKT was 8.62 dollars on 06-06-2023, and changed by %68.68 increased in value, to 14.54 dollars increased within a year.

The price of Rocket Companies stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

RKT with AI Stock Forecast & Price Target

RKT stock forecast Rocket Companies price target

On the RKT chart Rocket Companies price was recorded as 14.54 Dollars on 06/05/2024.

The artificial intelligence's forecast on RKT stock is as follows.

The artificial intelligence's prediction error margin for RKT stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Rocket Companies stock over the next 4 months is: 15.1 Dollars.

The commentary on RKT stock Target Price: Highest: 16.915 Dollars is predicted.

The commentary on RKT stock Target Price: Lowest: 12.792 Dollars is predicted.

Resistance Price where Rocket Companies stock will Rise and Fall:

Date Price Prediction
07-25-2024 14.849
09-18-2024 15.830
10-28-2024 16.284
01-06-2025 16.915

Support Price where Rocket Companies stock will Fall and Rise:

Date Price Prediction
06-20-2024 12.792
08-14-2024 13.737
10-08-2024 15.615
12-02-2024 15.055
03-17-2025 14.647

The commentary on RKT stock: Fluctuations in the target price can be expected in the coming days.

The target price for Rocket Companies stock by the end of 2024 is predicted to be 16.692 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on RKT stock, and the 2024 target price predictions for Rocket Companies are detailed above.

The technical analysis and charts for the commentary on RKT stock are below.

RKT Support & Resistance and Trend Analysis

RKT review Rocket Companies technical analysis trend chart RKT priceRKT stock support and resistance price chart

RKT stock you have reviewed the technical analysis support resistance charts regarding.

RKT : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the RKT review, the Rocket Companies support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Rocket Companies Support and Resistance Prices:

RKT Support Level Price RKT Resistance Level Price
7.85 9.35
8.39 9.91
10.87 12.35
11.27 12.99
11.30 13.18
11.32 14.47
12.02 14.82
13.42 15.01
13.49 15.19
15.60

RKT Technical Analysis: SMA, RSI, MACD

RKT review Rocket Companies SMA chart analysis RKT priceRKT buy or sell review Rocket Companies MACD chart analysis RKT price

Upon reviewing the RKT chart, buy and sell signals have been generated in the Rocket Companies technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for RKT stock are as follows:
  1. The technical analysis for RKT indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Rocket Companies indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Rocket Companies stock: Click here to read more predictions on Nidec Corporation stock.

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