Trading Activity and Technical Outlook for RTX Corporation

RTX Corporation (NYSE: RTX) continues to attract significant institutional interest amid a bullish technical backdrop. On January 24, 2026, the Goldman Sachs Strategic Factor Allocation Fund added 22,694 shares, reinforcing a trend of large‑volume purchases by investment funds. Earlier on the same day, CURA Wealth Advisors, LLC acquired 1,587 shares.

The following day, January 23, 2026, multiple advisory firms increased holdings:

  • Fiduciary Planning LLC – 1,156 shares
  • Columbia Advisory Partners LLC – 1,104 shares
  • Willis Johnson & Associates, Inc. – 1,146 shares
  • Richardson Financial Services Inc. – 590 shares

Conversely, a few firms divested positions: Curran Financial Partners, LLC sold 1,206 shares; Montz Harcus Wealth Management LLC sold 841 shares; Ledyard National Bank sold 901 shares; and Newman Dignan & Sheerar, Inc. sold 161 shares.

Despite the mixed flows, the net buying by funds has been substantial, suggesting confidence in RTX’s valuation.

Technical Analysis

A recent commentary on BitcoinEthereumNews.com highlights a potential breakout toward $222. The analysis references an Elliott Wave pattern:

  • Wave I terminated at $106
  • Wave II peaked near $68
  • Wave III is currently in progress, projected to extend to $222.

The weekly cycle also indicates a three‑wave advance toward new highs, implying an incomplete bullish sequence. If Wave III concludes as projected, the stock could reach the $222 target within the current wave.

Fundamental Context

  • Close Price (2026‑01‑22): $195.93
  • 52‑Week High (2026‑01‑19): $203.03
  • 52‑Week Low (2025‑04‑06): $112.27
  • Market Capitalization: $263 billion
  • Price‑Earnings Ratio: 39.813

RTX’s core business spans aerospace and defense, supplying avionics, aviation systems, communications, and engine components to commercial, military, and government customers worldwide. The company’s listing on the New York Stock Exchange and its strong asset base underpin its market position.

Outlook

Institutional buying, coupled with a bullish Elliott Wave projection, points to continued upward momentum for RTX. Market participants should monitor the stock’s progress toward the $222 level, as confirmation would strengthen the technical case for further upside.