ROCKWELL AUTOMATION INC (ROK) Technical Analysis
NYSE:ROK • US7739031091
Taking everything into account, ROK scores 2 out of 10 in our technical rating. Although ROK 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.
- In the last month ROK has a been trading in the 356.82 - 422.92 range, which is quite wide. It is currently trading near the lows of this range.
- ROK has an average volume of 1015960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that ROK is one of the better performing stocks in the market, outperforming 75% of all stocks. However, we also see that ROK couldn't keep up this performance in the last couple of months.
- ROK is part of the Electrical Equipment industry. There are 91 other stocks in this industry, ROK did better than 57% of them.
- ROK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROK is lagging the market slightly.
The technical rating of ROK is bad and it also does not present a 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.
More info and screens
350.38
When analyzing the support we notice one important area.
- A support zone ranging from 353.92 to 358.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 404.08 to 407.46. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for ROK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROK is down. |
| ChartMill Relative Strength | 75.88 | POSITIVE | ROK has a high relative strength, it outperformed 75.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ROK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.66 | NEUTRAL | The RSI value for ROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.5 | NEGATIVE | The MACD value suggests ROK has a negative trend. |
| Stochastics (14,3) | 17.54 | OVERSOLD | The low Stochastics value suggests ROK may be oversold. |
| Average True Range in percent/ATR (20) | 4.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ROK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for ROK suggests a possible start of a new trend. |
ROK Technicals: Chart, Performance Metrics, Trend & Indicators
358.2
-15.05 (-4.03%)
ROCKWELL AUTOMATION INC / ROK FAQ
Can you provide the ChartMill technical rating for ROCKWELL AUTOMATION INC?
ChartMill assigns a technical rating of 2 / 10 to ROK.
What is the trend direction for ROK stock?
The current trend direction for ROCKWELL AUTOMATION INC (ROK) is Bearish.
What is the RSI signal for ROCKWELL AUTOMATION INC (ROK) stock?
ROCKWELL AUTOMATION INC (ROK) has an RSI value of 32.6612. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROCKWELL AUTOMATION INC?
The MACD indicator for ROCKWELL AUTOMATION INC (ROK) has a value of -3.50339, indicating a bearish trend.
What is the support and resistance level for ROK stock?
ROCKWELL AUTOMATION INC (ROK) has a support level at 358.19 and a resistance level at 404.08. Check the full technical report for our detailed analysis of ROK support and resistance levels.