Rackspace Technology inc ( weekly chart ) - NASDAQ: RXT -Stock reached rebound level , where a correction formed ABC zigzag correction, ww expected it as wave (B).
History correction looks like either a Flat correction big form , or it could be a combination double formation.
Target 1st price = 12 $ - 13 $ - combination double correction OR ,
Targe
Next report date
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−3.89 USD
−858.20 M USD
2.74 B USD
65.47 M
About Rackspace Technology, Inc.
Sector
Industry
CEO
Amar Mandanna Maletira
Website
Headquarters
San Antonio
Founded
2016
FIGI
BBG00W0JYQQ4
Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.
Rackspace Technology Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Rackspace Technology Inc.
- Double Formation
* Range Structure)) | At 2.90 | Subdivision 1
* ((Neckline)) | Wave 3 Hypothesis
- Triple Formation
* ((Neckline)) | 012345 | Short Cont
Long RXT @2.396-oversoldThis one is one I'm excited about after crunching the numbers. I haven't traded it before but it has produced some eye watering paper numbers in backtesting.
Usual setup - oversold and keep adding until it isn't. Sell each lot as it becomes both overbought and profitable.
Here are the numbers fr
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RXT is 1.39 USD — it has increased by 0.72% in the past 24 hours. Watch Rackspace Technology, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Rackspace Technology, Inc. stocks are traded under the ticker RXT.
RXT stock has risen by 8.59% compared to the previous week, the month change is a −26.84% fall, over the last year Rackspace Technology, Inc. has showed a −16.27% decrease.
We've gathered analysts' opinions on Rackspace Technology, Inc. future price: according to them, RXT price has a max estimate of 3.50 USD and a min estimate of 2.00 USD. Watch RXT chart and read a more detailed Rackspace Technology, Inc. stock forecast: see what analysts think of Rackspace Technology, Inc. and suggest that you do with its stocks.
RXT stock is 3.70% volatile and has beta coefficient of 1.80. Track Rackspace Technology, Inc. stock price on the chart and check out the list of the most volatile stocks — is Rackspace Technology, Inc. there?
Today Rackspace Technology, Inc. has the market capitalization of 327.48 M, it has decreased by −3.65% over the last week.
Yes, you can track Rackspace Technology, Inc. financials in yearly and quarterly reports right on TradingView.
Rackspace Technology, Inc. is going to release the next earnings report on May 8, 2025. Keep track of upcoming events with our Earnings Calendar.
RXT earnings for the last quarter are −0.02 USD per share, whereas the estimation was −0.038 USD resulting in a 47.28% surprise. The estimated earnings for the next quarter are −0.081 USD per share. See more details about Rackspace Technology, Inc. earnings.
Rackspace Technology, Inc. revenue for the last quarter amounts to 685.60 M USD, despite the estimated figure of 674.88 M USD. In the next quarter, revenue is expected to reach 658.18 M USD.
RXT net income for the last quarter is −60.40 M USD, while the quarter before that showed −186.60 M USD of net income which accounts for 67.63% change. Track more Rackspace Technology, Inc. financial stats to get the full picture.
No, RXT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 25, 2025, the company has 5.1 K employees. See our rating of the largest employees — is Rackspace Technology, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Rackspace Technology, Inc. EBITDA is 213.60 M USD, and current EBITDA margin is 9.04%. See more stats in Rackspace Technology, Inc. financial statements.
Like other stocks, RXT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Rackspace Technology, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Rackspace Technology, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Rackspace Technology, Inc. stock shows the sell signal. See more of Rackspace Technology, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.