RTX Corp

RTX is in a Stage 3 distribution phase with dominant lower-highs and lower-lows structure under falling short-term EMAs, indicating medium-term bearish bias. Price is oversold and extended below the 9- and 20-day EMAs, suggesting caution on aggressive selling. Execution favors trimming into relief rallies near the 20-day EMA and 50-day SMA as resistance zones. A sustained reclaim above the 20-day EMA or 50-day SMA with follow-through would invalidate the bearish stance.

• ↑Q2 EPS $1.89 (+21% YoY) topped estimates.
• ↑Q2 revenue $24.71B (+14.5% YoY) on strong demand.
• ↓P/E ~39.2x implies stretched valuation versus peers.