Rocket Lab (RKLB) Stock Rebounds: What's Happening?

Rocket Lab Corp (NASDAQ:RKLB) shares are surging Monday, rebounding after last week's pullback. The stock has been volatile in recent sessions, largely due to Congress' decision to decline funding for a planned 2031 Mars sample-return mission, which previously pressured shares.

This decision has been a significant factor in the stock’s recent movements, as investors reassess the company’s future prospects in light of the funding setback.

• Rocket Lab stock is surging to new heights today. What’s fueling RKLB momentum?

SpaceX IPO Chatter Triggers Rotation Out Of Space Stocks

Renewed speculation around a potential SpaceX IPO, with valuations rumored above $1.5 trillion, is weighing on publicly traded space stocks as investors reposition ahead of a possible listing.

Rather than adding exposure to existing names, many traders appear to be recently locking in gains from 2025's rally and adopting a wait-and-see stance, potentially preserving capital for a future SpaceX offering.

This rotation has recently driven double-digit pullbacks across several launch and satellite stocks in recent weeks, creating additional pressure on Rocket Lab shares.

RKLB Technical Analysis

Technical indicators suggest that the stock is currently navigating through a critical phase, with its price action reflecting both bullish and bearish signals. The stock is trading 9.9% below its 20-day simple moving average (SMA) but remains 20.5% above its 100-day SMA, indicating a mixed short-term outlook while maintaining longer-term strength.

Shares have increased 147.27% over the past 12 months, positioning them closer to their 52-week highs than lows, which suggests a strong performance trajectory. The stock is currently positioned well within its 52-week range, indicating a robust market presence.

The RSI is at 45.23, which is considered neutral territory, while the MACD is below its signal line, indicating bearish pressure on the stock.

The combination of neutral RSI and bearish MACD suggests mixed momentum, indicating that traders should be cautious.

• Key Resistance: $80.00
• Key Support: $67.00

RKLB Price Action: Rocket Lab shares were up 5.01% at $75.94 at the time of publication on Monday, according to Benzinga Pro data.

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