ROBLOX CORP -CLASS A (RBLX) Stock Technical Analysis
NYSE:RBLX - US7710491033 - Common Stock
127.69 USD
-2.1 (-1.62%)
127.4 USD
-0.29 (-0.23%)
We assign a technical rating of 10 out of 10 to RBLX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RBLX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RBLX is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, RBLX also shows a nice and consistent pattern of rising prices.
RBLX is one of the better performing stocks in the Entertainment industry, it outperforms 96% of 79 stocks in the same industry.
RBLX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RBLX is lagging the market slightly.
RBLX has an average volume of 9089220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RBLX has a been trading in the 112.00 - 135.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RBLX has an excellent technical rating, but the quality of the setup is only medium 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
64.25
128.97
4 important support areas can be observed.
- Support @121.69 from a trend line in the daily time frame.
- Support @117.34 from a horizontal line in the weekly time frame.
- A support zone ranging from 113.59 to 114.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.90 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for RBLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBLX is up. |
| ChartMill Relative Strength | 97.01 | POSITIVE | RBLX has a high relative strength, it outperformed 97.01% 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) | UP | POSITIVE | The current price of RBLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.61 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests RBLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.74 | NEUTRAL | The Stochastics value for RBLX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for RBLX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.96 | NEUTRAL | The ADX value for RBLX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
127.69
-2.1 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.62%
1 Week0.64%
2 Weeks11.18%
1 Month-1.5%
3 Month33.29%
6 Month123.35%
12 Month192.6%
2 Year340.92%
3 Year256.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.25
ATR(20)%4.98%
ATR Inc18.99%
Range Today7.18
ADR(20)5.69
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.01
Mansfield5.98
10 Day High135.67
10 Day Low114.12
20 Day High135.67
20 Day Low112
52 Week High150.59
52 Week Low37.5
CS1 End121.69
CR1 StartN/A
Volume & EV
DER(3)-2.27%
DER(5)-0.99%
Volume6.95M
Volume Incr-19.39%
Vol(5)7.80M
Vol(50)9.09M