With investors turning more defensive before the opening bell, high-growth stocks such as Rocket Lab faced selling pressure. The stock has still gained 115.3% over the past 12 months, making it a candidate for profit-taking during periods of weaker market sentiment.Completes Space Force VICTUS HAZE Mission Ahead Of ScheduleSeparately, Rocket Lab said it successfully completed all primary objectives of the U.S. Space Force’s VICTUS HAZE mission ahead of schedule. The company launched its Electron rocket just 16 hours and 42 minutes after receiving the launch order, commissioned its Pioneer spacecraft in 38 hours, and completed complex rendezvous and proximity operations in less than 59 hours, beating every Space Force deadline. Rocket Lab was also the first prime contractor to provide the launch vehicle, spacecraft and on-orbit operations for a single Tactically Responsive Space mission. The Pioneer spacecraft will remain in orbit for several more months to support additional Space Force tasking.Technical AnalysisRocket Lab remains in a short-term pullback.The stock trades 17.4% below its 20-day simple moving average of $99.80 and 22.9% below its 50-day simple moving average of $106.97. Those levels suggest near-term rallies could face resistance.However, the longer-term trend remains intact. RKLB is still 8.1% above its 200-day simple moving average of $76.28.The moving averages present a mixed picture. The 20-day SMA sits below the 50-day SMA, a bearish short-term signal. Meanwhile, the 50-day SMA remains above the 200-day SMA, indicating the longer-term uptrend is still in place.Momentum indicators also remain cautious. The MACD is below its signal line, and the histogram remains negative, suggesting buying momentum has weakened.Key technical levels to watch include resistance near $93.00, which aligns with the 100-day exponential moving average, and support around $80.00. A break below that level could shift attention toward the 200-day SMA near $76.28.Earnings And Analyst OutlookRocket Lab is expected to report second-quarter results on Aug. 6, 2026.Wall Street expects a loss of 7 cents per share, compared with a loss of 13 cents a year earlier. Revenue is projected to rise to $231.79 million from $144.50 million.The stock carries a consensus Buy rating and an average analyst price forecast of $104.73. Recent analyst actions include: