ROBLOX CORP -CLASS A (RBLX) Technical Analysis
NYSE:RBLX • US7710491033
Current stock price
RBLX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to RBLX. RBLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 77% of all other stocks performed better in the past year than RBLX.
- RBLX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RBLX is lagging the market.
- RBLX has an average volume of 11451100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RBLX is part of the Entertainment industry. There are 79 other stocks in this industry, RBLX did better than 50% of them.
- In the last month RBLX has a been trading in the 51.23 - 64.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RBLX Weekly and Daily overview Charts
RBLX Setup Rating and Analysis
The technical rating of RBLX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RBLX Support and Resistance Analysis
51.38
When analyzing the support we notice one important area.
- A support zone ranging from 51.90 to 52.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 65.70 to 66.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.66 from a horizontal line in the weekly time frame.
- Resistance @137.79 from a horizontal line in the daily time frame.
RBLX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RBLX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RBLX is neutral. |
| ChartMill Relative Strength | 23.51 | NEGATIVE | RBLX has a low relative strength, it was outperformed by 76.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RBLX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RBLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RBLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests RBLX has a positive trend. |
| Stochastics (14,3) | 73.63 | NEUTRAL | The Stochastics value for RBLX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for RBLX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for RBLX suggests a possible start of a new trend. |
RBLX Chart- and CandleStick Pattern Analysis
RBLX Technicals: Chart, Performance Metrics, Trend & Indicators
60.11
+2.48 (+4.3%)
ROBLOX CORP -CLASS A / RBLX TA FAQ
Can you provide the ChartMill technical rating for ROBLOX CORP -CLASS A?
ChartMill assigns a technical rating of 0 / 10 to RBLX.
Can you provide the trend direction for ROBLOX CORP -CLASS A?
The current trend direction for ROBLOX CORP -CLASS A (RBLX) is Bearish.
Can you provide the RSI signal for ROBLOX CORP -CLASS A?
ROBLOX CORP -CLASS A (RBLX) has an RSI value of 51.1822. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ROBLOX CORP -CLASS A?
The short term momentum for ROBLOX CORP -CLASS A (RBLX) is neutral.