Inactive Instrument

Raytheon

Equities

RTN

Raytheon : The area of USD 54 for a technical rebound

January 30, 2013 at 09:25 am EST
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Entry price	Target	Stop-loss	Potential
$54.9	$0	$53.8	-100%

In the past few sessions, Raytheon Company shares have suffered from a sharp fall and is now coming back on significant level support.

According to Surperformance rating, the company is an opportunity for a trading strategy. Indeed, it is a good compromise between its value and its visibility.

Raytheon Company is oversold because it is near to USD 54. This situation gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the next USD 56.7 resistance.

The trading strategy can benefit from the proximity of the strong support currently tested in order to buy Raytheon Company in a good timing. Investors might placed a stop loss order below USD 54 in order to avoid important losses.

Latest news about Raytheon

TEVET Forges Strategic Partnership with Raytheon	May. 14	CI
Raytheon Announces SM-6 intercepts ballistic missile target at sea	Mar. 29	CI
An unknown buyer completed the acquisition of Cybersecurity, Intelligence and Services Business of Raytheon Company.	Mar. 28	CI
Raytheon Completes Technical Review for Prototype of U.S. Navy's HALO Missile	Jan. 09	CI
Raytheon Receives $400 Million Contract to Produce and Deliver More Than 1,500 StormBreaker Smart Weapons from U.S. Air Force	Jan. 03	CI
Raytheon Completes Another Successful Live-Fire Demonstration of the Advanced, 360-Defense Lower Tier Air and Missile Defense Sensor	Dec. 13	CI
Raytheon Wins $15 Million Contract from DARPA	Nov. 16	CI
An unknown buyer entered into a definitive agreement to acquire Cybersecurity, Intelligence and Services Business of Raytheon Company for approximately $1.3 billion.	23-10-23	CI
Raytheon Wins Contract from the U.S. Army to Expand its Distributed Sensing Capability to LTAMDS	23-10-18	CI
DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH acquired Raytheon AnschÜTz Gmbh.	23-02-26	CI
DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH entered into an agreement acquire Raytheon AnschÜTz Gmbh.	22-12-18	CI
Raytheon Company acquired Northern Space & Security Ltd.	22-07-20	CI
Raytheon Company entered into an agreement to acquire Northern Space & Security Ltd.	22-07-17	CI
Raytheon Technologies Announces Executive Changes	21-12-09	CI
Raytheon Technologies Announces Resignation of Thomas A. Kennedy, Executive Chairman of the Board of Directors	21-04-25	CI
NASA Selects L3Harris Technologies Inc. and Raytheon Company for Geostationary and Extended Orbits Imager Phase A Contracts	21-03-31	CI
Francisco Partners Management, L.P. completed the acquisition of Forcepoint LLC from Raytheon Company.	21-01-10	CI
Francisco Partners Management, L.P. entered into a definitive agreement to acquire Forcepoint LLC from Raytheon Company for approximately $1.1 billion.	20-10-25	CI
Raytheon Company Reports Earnings Results for the First Quarter Ended March 29, 2020	20-05-07	CI
Raytheon Wins $55,652,618 Federal Contract	20-05-07	CI
BAE Systems plc (LSE:BA.) completed the acquisition of Airborne Tactical Radios Business from Raytheon Company.	20-05-01	CI
U.S. Air Force Selects Raytheon Company for Long-Range Standoff Missile Development	20-04-20	CI
Raytheon Company(NYSE:RTN) dropped from S&P Global 1200	20-04-06	CI
Raytheon Company(NYSE:RTN) dropped from S&P 500 EQUAL WEIGHTED	20-04-06	CI
Raytheon Company(NYSE:RTN) dropped from S&P Aerospace & Defense Select Industry Index	20-04-06	CI

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Company Profile

Raytheon specializes in the design, manufacturing and marketing of electronic defense equipment and systems. Net sales break down by family of products and services as follows: - missile systems (29.2%): weapons systems, missiles, munitions, projectiles, etc.; - integrated air and missile defense systems (23.4%): radars systems, control and monitoring equipments, communication, information, detection and imaging systems, etc.; - aerospace systems (23.1%): radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.; - intelligence, surveillance and reconnaissance solutions and services (22.1%). The group also provides network systems (communication, surveillance, traffic control systems, etc.) and technical services (consulting, engineering, technical assistance and training services etc.); - network and information security solutions and services (2.2%). Net sales break down geographically as follows: the United States (70.6%), Middle East and North Africa (14%), Asia/Pacific (9.3%) and other (6.1%).

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