ARLINGTON, VA – RTX Corp (RTX) stock demonstrated significant buying interest on July 3rd, closing with a solid gain and showing continued strength in after-hours trading. The positive momentum has positioned the aerospace and defense giant for a potential test of higher resistance levels as the new trading week begins on Monday.
RTX finished the official trading day at
1.23 (0.85%). The stock rallied early in the session, climbing from an open of
146.39**. While it pulled back from this peak in the afternoon, the bullish sentiment carried over after the closing bell.
In after-hours trading, RTX stock added another
146.05. This post-market gain, while modest, reinforces the day’s positive trend and suggests that buyers remain in control heading into the next session.
Today’s Key Trading Data for RTX Corp (RTX):
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Closing Price: $145.75
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Day’s Change: +$1.23 (0.85%)
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After-Hours Price: $146.05 (up 0.21%)
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Day’s High: $146.39
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Day’s Low: $142.96
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52-Week High: $149.26
Analysis for Monday: Should You Invest?
The technical picture for RTX stock appears constructively bullish. Traders should be watching for a continuation of the upward trend on Monday. Here’s the breakdown:
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Immediate Resistance: The intraday high of $146.39 is the first key hurdle for the stock. A decisive break above this level on Monday would be a strong bullish signal, suggesting the stock has the momentum to challenge its 52-week high.
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Sustained Strength: The stock showed its strength by rallying significantly during the day and holding onto most of its gains. The follow-through in after-hours trading, however small, confirms that the positive sentiment was not a one-off event.
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The Ultimate Target: The primary target for bulls will be the 52-week high of $149.26. The recent price action indicates the stock may be building a base for an attempt at this key level in the near future.
With a healthy dividend yield of 1.87%, RTX remains an attractive option for both growth and income-oriented investors.
For traders considering an investment, RTX stock is showing clear signs of positive momentum. While it’s not at a major breakout point yet, the trend is firmly upward. A prudent strategy for Monday would be to watch for a sustained move above the day’s high of $146.39. A successful breach of this level could present a solid entry point for an investment, with the potential for a run-up towards the 52-week high.
Disclaimer: This article is for informational purposes only and is based on an analysis of past stock performance. It should not be considered financial advice. All investing involves risk, and you should conduct your own research before making any investment decisions.
