ROBLOX CORP -CLASS A (RBLX) Technical Analysis
NYSE:RBLX • US7710491033
Current stock price
RBLX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to RBLX. RBLX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, RBLX is a bad performer in the overall market: 86% of all stocks are doing better.
- RBLX is one of the lesser performing stocks in the Entertainment industry. 65% of 79 stocks in the same industry do better.
- RBLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RBLX has a been trading in the 51.23 - 64.42 range, which is quite wide. It is currently trading near the lows of this range.
- RBLX has an average volume of 9178680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RBLX Weekly and Daily overview Charts
RBLX Setup Rating and Analysis
RBLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 53.03, a Stop Loss order could be placed below this zone.
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 53.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 59.08 to 60.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.84 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 | 14.25 | NEGATIVE | RBLX has a low relative strength, it was outperformed by 85.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RBLX is below the rising 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) | 43.31 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests RBLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.3 | NEUTRAL | The Stochastics value for RBLX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for RBLX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for RBLX suggests a weak or negative trend. |
RBLX Chart- and CandleStick Pattern Analysis
RBLX Technicals: Chart, Performance Metrics, Trend & Indicators
56.09
+0.64 (+1.15%)
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 1 / 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 43.3115. 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.