RKLB Deep Base Fails as Stage 4 Downtrend Persists, Price 47% Off High

Posted on by Eben@CANSLIM Research
RKLB daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

RKLB is trapped in a Stage 4 decline, trading at $80.04, well below its declining 30-week moving average and 46.7% off its 52-week high. The 10-week base is a faulty deep pattern with 61% depth, signaling elevated failure risk, while no VCP or bullish flag has formed. Overall sentiment is bearish, urging a defensive stance.

As of 2026-08-10 · Close $80.04

Stage 4 (Declining) — Price below a declining 30-week MA — downtrend
(30-week MA 6-week slope: -1.51%)

⚠️ Faulty cup warning: the base is 61.0% deep (above the 38–40% threshold). A correction this deep leaves heavy overhead supply — trapped holders from higher prices are likely to sell into any rally, raising the failure rate of a breakout from this base.

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