Rocket Stock Quote: A Detailed Analysis for Tuesday's Trading Day

As we approach the upcoming trading day on Tuesday, 7th, investors are eagerly awaiting the performance of Rocket Companies, Inc.'s (RKT) stock. In this article, we'll provide a detailed analysis of the company's current situation and what to expect from its stock price.

Technical Analysis

Our systems have analyzed the trading risk/reward intra-day and found it unattractive. As such, any bets should be held until the stock is closer to the support level. The stock is currently closer to the resistance from accumulated volume at $14.11, which takes out the full calculated possible swing range.

Trading Expectations

Based on our calculations, we expect Rocket Companies' share price could fall to 10.78 by March 18, 2025, as predicted by Wall Street analysts. However, there is a buy signal from a pivot bottom found 13 days ago, which suggests that the stock may experience an upward movement.

Risk Assessment

The RSI14 is currently at 83, which increases the risk substantially. The medium daily movements and good trading volume of this stock indicate a medium risk. For the last week, the stock has had daily average volatility of 5.53%, and during the last day, it moved $0.435 between high and low, or 3.24%.

In conclusion, our analysis suggests that Rocket Companies' stock price may experience a mixed performance on Tuesday's trading day. While there is a buy signal from a pivot bottom found 13 days ago, the risk assessment indicates medium risk due to the stock's medium daily movements and good trading volume. As always, it's essential for investors to consult with their financial advisor before making any investment decisions.

Disclaimer

Please note that this article is not intended as investment advice. The information provided is solely for informational purposes and should be used at your own discretion. It is also important to remember that past performance does not guarantee future results. Always do your own research and consider the potential risks and rewards before making any investment decisions.

Rocket stock quote