Raytheon Technologies (RTX) Technical Analysis

Raytheon Technologies Corp (RTX) is a leading aerospace and defense company that provides advanced technology solutions for commercial and military customers worldwide. As an investor, it is crucial to analyze the stock's technical indicators to make informed decisions. Technical analysis is a method used to predict future price movements based on historical market data. By examining various indicators, investors can gain valuable insights into the stock's strength, momentum, and potential reversals.

One of the key technical indicators used in analyzing RTX stock is the Relative Strength Index (RSI). RSI measures the speed and change of a stock's price movement, providing an indication of whether the stock is overbought or oversold. A high RSI value indicates overbought conditions, while a low RSI value suggests oversold conditions. By monitoring RSI, investors can identify potential buying or selling opportunities.