Rocket Lab's choppy decline
Rocket Lab drops 16.6% as momentum flips negative, but the trend starts losing conviction
Rocket Lab's choppy decline
Our view last week
Rocket Lab stock swung hard this week: after last week's 18.8% rebound, the stock gave back 19.3%, with 91% of the week's volume on the sell side. The Sell signal is in its sixth week, and the short is still up more than 26%. The daily technical analysis chart, though, shows a double bottom in the 80 area with a 36% rebound already booked: the decline is losing conviction, week after week.
This week's summary
Rocket Lab had another rough week: -16.6%, with 83% of volume still on the sell side, momentum flipping sharply negative, and money flow turning worse again. The price action backs the picture — buyers retreating, sellers dominating the last bar. The decline holds, but a falling ADX says the trend is losing steam. The short is running above 38% in profit.
IQS Phase
74
in tension
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#13 / 140
US stocks
Trade P&L %
+38.57%
from signal to today
restricted Platinum content