Rocket Lab stock is feeling bearish pressure. Why is RKLB stock dropping?
What Is Driving Rocket Lab’s Recent Stock Movement?Rocket Lab’s NASA win also came with concrete timing traders have leaned on: TSIS-2 was booked to launch in just seven months from contract signing, while PolSIR is slated for two back-to-back Electron launches from New Zealand no earlier than June 2027. The Iridium tie-up adds scale, Iridium has more than 2.55 million active subscribers, and reported $871.7 million in revenue and $495 million in OEBITDA at a 57% margin in 2025, which helps explain why the stock ripped before profit-taking hit.Critical Levels To Watch For RKLB StockFrom a longer-term trend view, RKLB is still up 116.96% over the past 12 months and remains above its 200-day SMA ($76.29), but the near-term structure has weakened after the recent swing high in May (which also marked the 52-week high at $151.00). The stock is trading 15.4% below its 20-day SMA ($99.84) and 21% below its 50-day SMA ($106.99), and the 20-day SMA sitting below the 50-day SMA keeps the short-term trend tilted bearish.Momentum also suggests rallies may be harder to sustain right now: MACD is below its signal line and the histogram is negative, which typically means upside pressure is fading versus the prior upswing unless buyers can reclaim that baseline. In plain English, MACD compares faster and slower trend forces—when it’s below the signal line, rebounds often stall until momentum improves.Key levels are getting closer after the selloff, and they matter because they line up with nearby baselines and round-number psychology.
