RTX stock slides as losses deepen below MA-20 resistance: weekly outlook

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RTX falls 11.28% this week

Highlights

RTX is trading at $174.26, significantly below recent highs, with medium-term seller pressure outweighing long-term bullish structure.
Technical momentum indicators are conflicted, with persistent overall bearish trend but some signs of bullish support and oversold conditions.
RTX is likely to fluctuate between $170 and $183 over the next week, with increased downside risk if $170 support fails.

Mixed momentum signals as price remains capped below MA-20 this week

On the weekly chart, RTX has closed at the very bottom of its seven-day range, with a volatility amplitude of 15.54%. Weekly moving averages signal persistent medium-term downside, as the price remains stuck beneath the MA-20. Weekly support is found near $170, with resistance at $183. Momentum indicators are mixed: the MACD shows ongoing bullish interest, but the ADX continues to confirm a strong bearish trend. The RSI sits in a sell zone, and both the Stochastic RSI and CCI indicate oversold conditions, while Bull/Bear Power suggests some underlying buyer activity.

Upside prospects limited for coming week amid weak momentum

For the next five trading days, RTX is projected to fluctuate between $170 and $183 based on weekly technical signals. Current market momentum implies only a 25% chance of an upside move, with most indicators pointing to continued weakness or sideways action. A break above $183 would favor a bullish reversal toward moving average resistance, while a dip below $170 could reinforce seller dominance and add further downside pressure.

Parshwa Turakhiya, analyst, notes that RTX saw pronounced weakness this week, dropping 11.28% and closing near weekly lows. He highlights that technicals point to persistent seller dominance, with mixed signals from momentum and oscillators keeping sentiment uncertain. The analyst sees oversold readings offering some relief, but expects price to remain trapped between $170 and $183 barring a decisive breakout. Bullish interest lingers, yet the odds still favor further sideways or downside trading in the coming week. "Until RTX reclaims $183, I remain neutral and would watch for sharper sentiment swings around these key levels."

Earlier, analysts noted that while RTX demonstrated underlying long-term strength, persistent short- and medium-term selling pressure continued to weigh on the outlook. The latest breakdown below its moving averages and oversold momentum indicators suggests downside risk remains elevated, with decisive direction hinging on whether weekly support at $170 holds in the sessions ahead.

Source of Data: RTX Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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