ROGERS CORP (ROG) Stock Technical Analysis
USA - NYSE:ROG - US7751331015 - Common Stock
84.13 USD
-0.4 (-0.47%)
84.13 USD
0 (0%)
We assign a technical rating of 7 out of 10 to ROG. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ROG is a bad performer.
When comparing the yearly performance of all stocks, ROG is a bad performer in the overall market: 70% of all stocks are doing better.
ROG is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 66% of 124 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month ROG has a been trading in the 77.82 - 85.88 range, which is quite wide. It is currently trading near the high of this range.
ROG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ROG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 84.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 82.34, a Stop Loss order could be placed below this zone.
More info and screens
64.76
85.38
When analyzing the support we can see 5 important areas.
- A support zone ranging from 81.69 to 82.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 76.92 to 78.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.55 from a trend line in the daily time frame.
- Support @74.21 from a trend line in the weekly time frame.
- Support @65.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.14 to 84.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ROG is up. |
| ChartMill Relative Strength | 30.14 | NEUTRAL | ROG is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ROG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for ROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ROG has a positive trend. |
| Stochastics (14,3) | 72.75 | NEUTRAL | The Stochastics value for ROG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ROG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for ROG suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 84.54 | 81.68 | 2.86 (3.38%) | 25.00% |
| An entry @84.54. This is a Buy Stop order right above the resistance zone. | An exit @81.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.86 points, which is 3.38%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of ROG. Please evaluate whether better entry and exit points can be found.
- 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.
84.13
-0.4 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.47%
1 Week2.35%
2 Weeks6.59%
1 Month0.23%
3 Month14.82%
6 Month49.59%
12 Month-19.39%
2 Year-31.54%
3 Year-64.25%
5 Year-30.6%
10 Year80.85%
15 Year136.32%
Volatility
ATR(14)2.41
ATR(20)%2.94%
ATR Inc-7.35%
Range Today1.82
ADR(20)2.38
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.14
Mansfield-0.77
10 Day High85.88
10 Day Low78.57
20 Day High85.88
20 Day Low77.82
52 Week High114.05
52 Week Low51.43
CS1 End82.34
CR1 Start84.14
Volume & EV
DER(3)1.14%
DER(5)0.44%
Volume63.25K
Volume Incr-31.11%
Vol(5)131.99K
Vol(50)238.00K