RIGETTI COMPUTING INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	RGTI
ISIN:

RIGETTI COMPUTING INC. - Weekly - Technical analysis published on 07/24/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

28%

39%

My opinion

Bearish under 1.24 USD

My targets

1.02 USD (-9.20%)

0.92 USD (-17.86%)

My analysis

RIGETTI COMPUTING INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.24 USD. The next support located at 1.02 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.92 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RIGETTI COMPUTING INC. rating is 1.12 USD. The price registered a decrease of -4.27% over 5 days and has been traded over the last 5 days between 1.01 USD and 1.12 USD. This implies that the 5 day price is +10.89% from its lowest point and 0% from its highest point.

1.01

1.12

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Weekly of this RIGETTI COMPUTING INC. chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.92	1.12	3.29	5.66	9.66
Change (%)	-17.86%	-	+193.75%	+405.36%	+762.50%
Change	-0.20	-	+2.17	+4.54	+8.54
Level	Major	-	Minor	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.97	1.00	1.06	1.09	1.15	1.18	1.24
Camarilla	1.10	1.10	1.11	1.12	1.13	1.14	1.15
Woodie	0.99	1.01	1.08	1.10	1.17	1.19	1.26
Fibonacci	1.00	1.03	1.06	1.09	1.12	1.15	1.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.69	0.86	0.95	1.12	1.21	1.38	1.47
Camarilla	0.97	0.99	1.02	1.04	1.06	1.09	1.11
Woodie	0.65	0.84	0.91	1.10	1.17	1.36	1.43
Fibonacci	0.86	0.96	1.02	1.12	1.22	1.28	1.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.71	0.80	0.93	1.02	1.15	1.24	1.37
Camarilla	1.01	1.03	1.05	1.07	1.09	1.11	1.13
Woodie	0.74	0.81	0.96	1.03	1.18	1.25	1.40
Fibonacci	0.80	0.88	0.93	1.02	1.10	1.15	1.24

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.08
MACD (12,26,9):	-0.0900
Directional Movement:	6.05
AROON (14):	-42.86
DEMA (21):	1.05
Parabolic SAR (0,02-0,02-0,2):	0.90
Elder Ray (13):	-0.05
Super Trend (3,10):	0.92
Zig ZAG (10):	1.08
VORTEX (21):	0.9000
Stochastique (14,3,5):	32.74
TEMA (21):	0.99
Williams %R (14):	-65.42
Chande Momentum Oscillator (20):	-0.32
Repulse (5,40,3):	-14.2100
ROCnROLL:	2
TRIX (15,9):	-0.8200
Courbe Coppock:	45.78

MA7:	1.13
MA20:	1.05
MA50:	1.06
MA100:	1.28
MAexp7:	1.06
MAexp20:	1.15
MAexp50:	1.34
MAexp100:	2.50
Price / MA7:	-0.88%
Price / MA20:	+6.67%
Price / MA50:	+5.66%
Price / MA100:	-12.50%
Price / MAexp7:	+5.66%
Price / MAexp20:	-2.61%
Price / MAexp50:	-16.42%
Price / MAexp100:	-55.20%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on RIGETTI COMPUTING INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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