RXT Stock Price Prediction

Rackspace Technology Inc

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1.255

-0.185(-12.850%)

Overview
Forecast
Valuation

Should I Buy Rackspace Technology Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. RXT has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

RXT stock price ended at $1.255 on Friday, after losing -12.85%

The Rackspace Technology Inc stock price decreased by -12.85% on the last trading day (09 May 2025), dropping from 1.47 to 1.255. Throughout the last trading session, the stock experienced a fluctuation of 21.60% , ranging from a day low of $1.25 to a day high of 1.52. The price has declined in 5 of the last 10 days, resulting in a total change of -9.06% during this period. On the last day, trading volume increase by 565.60K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 1.63M shares were traded, amounting to approximately 2.20M.

RXT Technical Signals

RXT(Rackspace Technology Inc Corp) has 1 buy signal and 7 sell signals now. The current trend is downtrend starting from 2025-04-23. The total price change during this trend is -9.06%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of RXT over the last 5 trading days is 1.27M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.

RXT Moving Average Analysis

Rackspace Technology Inc's overall moving average trend leans more bearish as of Saturday, May 10, 2025, with 3 negative signals and 1 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $1.5693866666666667, and $1.6801666666666668. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $1.2109466666666668, and $1.1001666666666667. A break-down below any of these levels will issue sell signals.

RXT Short Selling Analysis

The short sale ratio of Rackspace Technology Inc(RXT) as of 08 May 2025 is 7.68%, dropping from last trading day. With decreasing price from 1.43 to 1.44. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Strong sell

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

1 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Williams %R (14 days)

WILLR_14 < -80

-98.276

Bullish

7 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-0.0472

Bearish

Momentum (10 days)

MOM_10 < 0

-0.125

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.0792

Bearish

Closing price

close < fibonacci_S1

1.255

Bearish

Moving Average

Price crosses below 5-day SMA

Bearish

Moving Average

Price crosses below 10-day SMA

Bearish

Moving Average

Price crosses below 20-day SMA

Bearish

RXT Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Rackspace Technology Inc(RXT), our algorithm predicts RXT's 1-month price at $1.40, with an -0.7%downwardshift. Using a similarity score up to 98.70%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Rackspace Technology Inc (RXT.O) stock, as of Sunday, May 4, 2025 , forecasts a -0.7% change over the next month, based on its high correlation with AZTA.O stock patterns. The similarity between their price movements over the analyzed periods is 98.7%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

RXT

Future prediction

Up: -0.7%

AZTA

Down: -0.7%Similarity: 98.7%

Name

Similarity

Up/Down

AZTA.O

98.70%

-0.70%

FA.O

98.64%

-1.20%

GTN.N

98.62%

+14.02%

GENK.O

98.57%

+1.73%

PDEX.O

98.45%

+4.31%

JRSH.O

98.41%

+7.49%

ASTC.O

98.33%

-7.75%

ACRS.O

98.26%

+23.44%

CCRN.O

98.26%

-3.76%

FLNT.O

98.26%

+20.00%

RXT Seasonality Analysis

Based on RXT's historical stock price data across all years, the probability of a positive return in May is40.00%, suggesting it maynotbe an ideal month to invest in RXT. In contrast,Novemberoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Rackspace Technology Inc (RXT.O) stock in November has the highest probability of a positive return (80.00%), while July has the lowest probability (0.00%).

Performance Seasonality

The chart shows Rackspace Technology Inc. (RXT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.