ROBLOX CORP -CLASS A (RBLX) Stock Technical Analysis
USA - NYSE:RBLX - US7710491033 - Common Stock
Taking everything into account, RBLX scores 4 out of 10 in our technical rating. Although RBLX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
RBLX has an average technical rating and it also does not offer a high 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.
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69.63
We found 2 important support areas.
- A support zone ranging from 101.26 to 101.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.33 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @106.84 from a horizontal line in the daily time frame.
- Resistance @128.44 from a trend line in the daily time frame.
- Resistance @133.31 from a trend line in the daily time frame.
- Resistance @137.79 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for RBLX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RBLX is down. |
| ChartMill Relative Strength | 91.7 | POSITIVE | RBLX has a high relative strength, it outperformed 91.7% 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) | DOWN | NEGATIVE | The current price of RBLX is below a declining 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) | 30.58 | NEUTRAL | The RSI value for RBLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.38 | NEGATIVE | The MACD value suggests RBLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.42 | OVERSOLD | The low Stochastics value suggests RBLX may be oversold. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for RBLX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for RBLX suggests a strong trend. |
101.27
-3.07 (-2.94%)
ROBLOX CORP -CLASS A / RBLX FAQ
Can you provide the ChartMill technical rating for ROBLOX CORP -CLASS A?
ChartMill assigns a technical rating of 4 / 10 to RBLX.
What is the current trend direction of ROBLOX CORP -CLASS A (RBLX) stock?
The current trend direction for ROBLOX CORP -CLASS A (RBLX) is Bearish.
What is the RSI signal for ROBLOX CORP -CLASS A (RBLX) stock?
ROBLOX CORP -CLASS A (RBLX) has an RSI value of 30.5827. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROBLOX CORP -CLASS A?
The MACD indicator for ROBLOX CORP -CLASS A (RBLX) has a value of -1.38029, indicating a bearish trend.
Can you provide the short term momentum for ROBLOX CORP -CLASS A?
The short term momentum for ROBLOX CORP -CLASS A (RBLX) is negative.