Raytheon Technologies Corp Stock Technical Analysis

RTX Stock  USD 101.56  0.85  0.84%   
As of the 23rd of April, Raytheon Technologies holds the Standard Deviation of 0.9747, downside deviation of 0.6126, and Risk Adjusted Performance of 0.1819. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Raytheon Technologies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for eighteen technical drivers for Raytheon Technologies, which can be compared to its competitors. Please check Raytheon Technologies coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Raytheon Technologies is priced some-what accurately, providing market reflects its current price of 101.56 per share. Given that Raytheon Technologies has treynor ratio of 1.96, we recommend you to check out Raytheon Technologies's recent market performance to make sure the company can sustain itself at a future point.

Raytheon Technologies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Raytheon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Raytheon
  
Raytheon Technologies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Raytheon Technologies Analyst Consensus

Target PriceAdvice# of Analysts
81.42Buy25Odds
Raytheon Technologies Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Raytheon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Raytheon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Raytheon Technologies, talking to its executives and customers, or listening to Raytheon conference calls.
Raytheon Analyst Advice Details
Raytheon Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Raytheon Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Raytheon Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Raytheon Technologies Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Raytheon Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Raytheon Technologies Trend Analysis

Use this graph to draw trend lines for Raytheon Technologies Corp. You can use it to identify possible trend reversals for Raytheon Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Raytheon Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Raytheon Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Raytheon Technologies Corp applied against its price change over selected period. The best fit line has a slop of   0.22  , which may imply that Raytheon Technologies Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1792.49, which is the sum of squared deviations for the predicted Raytheon Technologies price change compared to its average price change.

About Raytheon Technologies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Raytheon Technologies Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Raytheon Technologies Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Raytheon Technologies price pattern first instead of the macroeconomic environment surrounding Raytheon Technologies. By analyzing Raytheon Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Raytheon Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Raytheon Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02290.0210.0270.04
Price To Sales Ratio2.012.221.741.83

Raytheon Technologies April 23, 2024 Technical Indicators

Most technical analysis of Raytheon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Raytheon from various momentum indicators to cycle indicators. When you analyze Raytheon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Raytheon Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Raytheon Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Raytheon Technologies Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Raytheon Technologies Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Raytheon Technologies' price analysis, check to measure Raytheon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytheon Technologies is operating at the current time. Most of Raytheon Technologies' value examination focuses on studying past and present price action to predict the probability of Raytheon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytheon Technologies' price. Additionally, you may evaluate how the addition of Raytheon Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Raytheon Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raytheon Technologies. If investors know Raytheon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raytheon Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.091
Dividend Share
2.32
Earnings Share
2.23
Revenue Per Share
48.331
Quarterly Revenue Growth
0.101
The market value of Raytheon Technologies is measured differently than its book value, which is the value of Raytheon that is recorded on the company's balance sheet. Investors also form their own opinion of Raytheon Technologies' value that differs from its market value or its book value, called intrinsic value, which is Raytheon Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raytheon Technologies' market value can be influenced by many factors that don't directly affect Raytheon Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raytheon Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raytheon Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raytheon Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.