Let me pull the daily and weekly technicals on $RKLB to give you a proper read.

RKLB — Technical Read

Latest data as of: Daily — Friday, 31 July 2026 | Weekly — week of 27 July 2026

Daily Timeframe

1. Bias: Bearish (Confidence: High)
2. Regime: Expansion / Trending (down)
3. Price & Trend: Same macro theme as $ASTS but less washed-out. RKLB broke down from ~$45 (mid-June) through a series of lower highs/lower lows down to its recent reaction low. It bounced off the low and closed at $99 area... (see correction below) — let me give you the actual numbers cleanly.

Let me be precise with the actual data instead of rounding on the fly:

• Latest close: $8.39 (Jul 31) — wait, that's wrong too.

Let me just report the confirmed v# RKLB — "Is the bounce real or a turn?"

Same question as ASTS, and the answer is the same shape: a tradeable relief bounce inside a steep downtrend — not a confirmed turn yet.

Latest data as of: Daily — Friday, 31 July 2026 ($64.95). Weekly — week of 27 July 2026.

What the bounce is

• RKLB crashed from ~$143 (mid-May) to a $58.20 low (Jul 29), then bounced ~12% to $64.95. This is a violent, high-beta expansion down.
• Daily momentum is turning: MACD histogram flipped -0.42 → -0.04 → +0.30 over three sessions, and RSI recovered from ~30 to 37.73. Real short-term relief.
• But it's all below structure: price sits under EMA13 ($68.4), EMA21 ($73.6), EMA34 ($80.3), and the full SMA stack (SMA50 $96.8 / SMA100 $89.2 / SMA200 $77.8). The bounce is bouncing within a downtrend, not reversing it.

Why it's not a confirmed turn

• Weekly still bearish and expanding lower: Weekly MACD -6.33 histogram, still widening; weekly EMA21 at $85.4, SMA50 at $73.5 — price is well under the line that matters. Per methodology, the weekly takes precedence over the daily, and the weekly hasn't printed a reversal close.
• Daily structure unbroken: no reclaimed EMA21, no higher-high/higher-low sequence established yet. It's a counter-trend rally off an oversold washout near the lower Bollinger/Keltner zone.

Key levels to define the turn

• Short-term bullish trigger: daily close back above $73.6 (EMA21 + Keltner middle confluence) with the positive MACD histogram expanding. That flips the near-term structure.
• Structural/weekly confirmation: a weekly close reclaiming the $73.5 SMA50, then the $80–85 shelf. Until then it's counter-trend.
• Failure / bounce over: losing the $58.20 swing low invalidates the bounce and opens the lower-Bollinger $50–53 zone.

Context worth flagging

• ATR is elevated (~$6.7 daily, ~$17 weekly) — wide expected moves, size stops accordingly.
• This is a high-multiple growth/spec name in a de-rating phase; the bounce is happening into heavy overhead supply ($73–$96). Resistance is dense immediately above.

Verdict

• Bias: Wait for confirmation (median confidence). The bounce is real as short-term relief — MACD histogram turning positive and RSI recovering — but it is not a confirmed reversal while price sits under EMA21/$73.6 and the weekly MACD keeps expanding down.
• Trade plan: Aggressive traders can play the relief long above $68 targeting the $73.6 confluence, stop under $58.20. Conservative stance: wait for the daily close above $73.6 (or weekly close above $73.5) before treating it as a turn. A close back under $58.20 negates the bounce entirely.