ROBLOX CORP -CLASS A (RBLX) Stock Technical Analysis
NYSE:RBLX - New York Stock Exchange, Inc. - US7710491033 - Common Stock - Currency: USD
Overall RBLX gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RBLX has a been trading in the 112.00 - 150.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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. We also observe that the gains produced by RBLX over the past year are nicely spread over this period.
RBLX is part of the Entertainment industry. There are 73 other stocks in this industry. RBLX outperforms 97% of them.
RBLX has an average volume of 9010730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RBLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RBLX is lagging the market.
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
62.65
118.51
We found 2 important support areas.
- A support zone ranging from 117.33 to 117.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.28 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 | NEUTRAL | NEUTRAL | The short term trend for RBLX is neutral. |
| ChartMill Relative Strength | 97.34 | POSITIVE | RBLX has a high relative strength, it outperformed 97.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RBLX is below 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) | 45.88 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.78 | NEGATIVE | The MACD value suggests RBLX has a negative trend. |
| Stochastics (14,3) | 23.24 | NEUTRAL | The Stochastics value for RBLX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for RBLX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.29 | POSITIVE | The high ADX value value for RBLX suggests a strong 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)
117.34
-7.94 (-6.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-6.34%
1 Week-8.83%
2 Weeks-6.15%
1 Month-5.75%
3 Month44.38%
6 Month75.79%
12 Month189.09%
2 Year314.78%
3 Year200.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.54
ATR(20)%6.28%
ATR Inc13.2%
Range Today5.63
ADR(20)6.18
ADR(20)%5.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.34
Mansfield5.58
10 Day High135.08
10 Day Low112
20 Day High150.59
20 Day Low112
52 Week High150.59
52 Week Low37.5
CS1 End117.33
CR1 StartN/A
Volume & EV
DER(3)-1.15%
DER(5)-0.65%
Volume18.73M
Volume Incr-8.88%
Vol(5)9.10M
Vol(50)9.01M