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RXT forms NR7 on August 19

Rackspace Technology, Inc. (RXT) — Daily Technical Analysis & Swing Trading Signals · Aug 19, 2026, 17:48 ET
On Wednesday, August 19th, RXT moved down 2.84% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7 and Bollinger Band Squeeze and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 3.32, 3.21 & 3.08, with resistance at 3.56, 3.69 & 3.8. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of RXT: D

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Rackspace Technology, Inc. (RXT)