Rackspace Surges 217% From Lows As Stock Tests Key Long-Term Trend Barrier

Benzinga_recent_news02-19

Chart created using Benzinga Pro RXT stock is now testing its 200-day moving average near $1.20, a level widely used to define long-term trend direction. Stocks trading below this level are generally ...

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Stocks trading below this level are generally ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/technicals/26/02/50724169/rackspace-surges-217-from-lows-as-stock-tests-key-long-term-trend-barrier\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rackspace Surges 217% From Lows As Stock Tests Key Long-Term Trend Barrier</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRackspace Surges 217% From Lows As Stock Tests Key Long-Term Trend Barrier\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-19 23:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/technicals/26/02/50724169/rackspace-surges-217-from-lows-as-stock-tests-key-long-term-trend-barrier><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chart created using Benzinga Pro\nRXT stock is now testing its 200-day moving average near $1.20, a level widely used to define long-term trend direction. Stocks trading below this level are generally ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/technicals/26/02/50724169/rackspace-surges-217-from-lows-as-stock-tests-key-long-term-trend-barrier\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RSI","symbol_name":"Rush Street Interactive, Inc.","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/technicals/26/02/50724169/rackspace-surges-217-from-lows-as-stock-tests-key-long-term-trend-barrier","article_id":"2612289826","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/19/Data-Centers.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/technicals/26/02/50724169/rackspace-surges-217-from-lows-as-stock-tests-key-long-term-trend-barrier","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2612289826","pubTimestamp":1771516680,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Rackspace (RXT) stock has jumped 217% from its lows and is now testing its 200-day average, a key level that could determine the stock's long-term direction.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RSI":"Rush Street Interactive, Inc.","BK4150":"赌场与赌博"},"translate_title":"由于股票测试关键的长期趋势障碍，Rackspace从低点飙升217%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1},"content_text":"Chart created using Benzinga Pro\nRXT stock is now testing its 200-day moving average near $1.20, a level widely used to define long-term trend direction. Stocks trading below this level are generally considered to be in long-term downtrends, while sustained moves above it often signal structural reversals.\nRackspace's average daily trading volume has risen to approximately 7.9 million shares, based on its 9-day volume average. This marks a sharp increase from prior months, when daily volume frequently remained below 3 million shares.\nThe recent surge included multiple sessions with volume significantly exceeding that average, indicating sustained investor engagement rather than isolated trading activity. Rising volume alongside rising price is a key technical signal that confirms strengthening trend conditions.\nMomentum indicators have also shifted decisively. Rackspace's Relative Strength Index (RSI) recently climbed above 72, its highest level in months. RSI readings above 70 indicate strong upward momentum, reflecting accelerated buying activity.\nAt the same time, the stock has reclaimed both its 20-day moving average at $0.63 and its 50-day moving average at $0.86. RXT stock now stands approximately 95% above the 20-day average and 48% above the 50-day average, confirming rapid short- and medium-term trend acceleration.\nThe 200-day moving average at $1.20 represents the final major long-term resistance level. Rackspace's recovery from deeply oversold levels to this threshold reflects a complete shift in technical structure over recent months.\nPrice, trading volume, and momentum indicators are all strengthening at the same time. 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