ROGERS CORP (ROG) Technical Analysis
NYSE:ROG • US7751331015
Current stock price
ROG Technical Rating and Analysis
Overall ROG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ROG is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, ROG did better than 90% of all other stocks. On top of that, ROG also shows a nice and consistent pattern of rising prices.
- ROG is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 73% of 124 stocks in the same industry.
- ROG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ROG is performing more or less in line with the market.
- In the last month ROG has a been trading in the 97.06 - 110.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ROG Weekly and Daily overview Charts
ROG Setup Rating and Analysis
ROG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 109.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 102.56, a Stop Loss order could be placed below this zone.
More info and screens
ROG Support and Resistance Analysis
73.27
When analyzing the support we can see 6 important areas.
- A support zone ranging from 101.71 to 102.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 98.58 to 98.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.30 from a trend line in the weekly time frame.
- Support @86.96 from a trend line in the daily time frame.
- Support @76.92 from a horizontal line in the daily time frame.
- Support @74.01 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @109.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 111.11 to 111.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
ROG 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 | UP | POSITIVE | The long term trend for ROG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROG is neutral. |
| ChartMill Relative Strength | 90.94 | POSITIVE | ROG has a high relative strength, it outperformed 90.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for ROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ROG has a positive trend. |
| Stochastics (14,3) | 67.37 | NEUTRAL | The Stochastics value for ROG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ROG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for ROG suggests a weak or negative trend. |
ROG Chart- and CandleStick Pattern Analysis
ROG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 109.34 | 101.70 | 7.64 (6.99%) | 14.31% |
| An entry @109.34. This is a Buy Stop order right above the resistance zone. | An exit @101.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.64 points, which is 6.99%. | When investing 14.31% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ROG Technicals: Chart, Performance Metrics, Trend & Indicators
107.49
+1.69 (+1.6%)
ROGERS CORP / ROG TA FAQ
Can you provide the ChartMill technical rating for ROGERS CORP?
ChartMill assigns a technical rating of 10 / 10 to ROG.
What is the trend direction for ROG stock?
The current trend direction for ROGERS CORP (ROG) is Bullish.
What is the RSI signal for ROG stock?
ROGERS CORP (ROG) has an RSI value of 54.7057. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROGERS CORP?
The MACD indicator for ROGERS CORP (ROG) has a value of 0.165518, indicating a bearish trend.