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An Analysis of RTX Corp (RTX)’s Potential Price Growth

In a filing, RTX Corp revealed its Officer Troy Brunk acquired Company’s shares for reported $0.36 million on Feb 24 ’25. In the deal valued at $125.95 per share,2,872 shares were bought.

Then, Hayes Family Foundation dtd 12 bought 43,300 shares, generating $5,423,325 in total proceeds.

Before that, Gregory Hayes bought 58,368 shares. RTX Corp shares valued at $7,310,592 were divested by the Officer at a price of $125.25 per share.

UBS upgraded its RTX Corp [RTX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid February from “a Hold” to “a Buy”. Citigroup also remained covering RTX and has increased its forecast on January 21, 2025 with a “Buy” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on January 02, 2025. It rated RTX as “a Buy” which previously was an “a Hold”.

Price Performance Review of RTX

On Friday, RTX Corp [NYSE:RTX] saw its stock jump 1.74% to $125.43. Over the last five days, the stock has gained 2.47%. RTX Corp shares have risen nearly 8.39% since the year began. Nevertheless, the stocks have risen 39.04% over the past one year. While a 52-week high of $132.43 was reached on 01/28/25, a 52-week low of $88.90 was recorded on 01/06/25. SMA at 50 days reached $121.52, while 200 days put it at $116.25.

Levels Of Support And Resistance For RTX Stock

The 24-hour chart illustrates a support level at 124.63, which if violated will result in even more drops to 123.83. On the upside, there is a resistance level at 126.23. A further resistance level may holdings at 127.03. The Relative Strength Index (RSI) on the 14-day chart is 51.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.40%. Stochastics %K at 35.38% indicates the stock is a holding.

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