ROBLOX CORP -CLASS A (RBLX) Stock Technical Analysis
NYSE:RBLX - New York Stock Exchange, Inc. - US7710491033 - Common Stock - Currency: USD
Taking everything into account, RBLX scores 10 out of 10 in our technical rating. 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.
Looking at the yearly performance, RBLX did better than 97% of all other 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 72 other stocks in this industry. RBLX outperforms 94% of them.
RBLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RBLX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RBLX has an average volume of 8436980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
61.03
120.01
3 important support areas can be observed.
- A support zone ranging from 118.12 to 118.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @115.39 from a trend line in the daily time frame.
- Support @61.65 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 | 97.83 | POSITIVE | RBLX has a high relative strength, it outperformed 97.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBLX is above the rising 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) | 66.84 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RBLX has a negative trend. |
| Stochastics (14,3) | 63 | NEUTRAL | The Stochastics value for RBLX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for RBLX suggests some volalility. |
| Average Directional Index/ADX (14) | 46.46 | 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)
118.82
+0.7 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.59%
1 Week-4.56%
2 Weeks12.42%
1 Month13.16%
3 Month78.46%
6 Month77.16%
12 Month193.31%
2 Year202.73%
3 Year176.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.66
ATR(20)%3.67%
ATR Inc-32.89%
Range Today3.95
ADR(20)4.25
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.83
Mansfield6.96
10 Day High127.99
10 Day Low106.35
20 Day High127.99
20 Day Low100
52 Week High127.99
52 Week Low35.3
CS1 End118.81
CR1 StartN/A
Volume & EV
DER(3)-0.32%
DER(5)-0.03%
Volume5.55M
Volume Incr15.11%
Vol(5)9.07M
Vol(50)8.44M