Let's check out the charts of this company that manufactures advanced technology products in the aerospace and defense industry. Maybe we can get one of their drones to check out the charts.
In the daily bar chart of RTX, below, we can see that prices were more than cut in half in the February-March meltdown. Prices rebounded from the March low and briefly got above the declining 50-day moving average line.
Trading volume was heavy at the March low and even stronger in early April as prices pulled back and then leapt higher. Volume dried up in the later half of April and now prices have begun to pull back. The On-Balance-Volume (OBV) moved above its February high but prices never got close to their February peaks.
The trend-following Moving Average Convergence Divergence (MACD) oscillator got back to the zero line but has narrowed and could cross to the downside soon.