ROCKWELL AUTOMATION INC (ROK) Stock Technical Analysis
USA - NYSE:ROK - US7739031091 - Common Stock
343.58 USD
+3.55 (+1.04%)
343.58 USD
0 (0%)
Taking everything into account, ROK scores 4 out of 10 in our technical rating. In the last year, ROK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ROK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ROK is lagging the market slightly.
Looking at the yearly performance, ROK did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ROK is part of the Electrical Equipment industry. There are 92 other stocks in this industry, ROK did better than 46% of them.
In the last month ROK has a been trading in a tight range between 334.30 and 351.51.
Although the technical rating is only medium, ROK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 344.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 343.40, a Stop Loss order could be placed below this zone.
More info and screens
325.37
362.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 338.96 to 343.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 328.66 to 333.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 344.39 to 349.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 358.52 to 358.53. 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 ROK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROK is neutral. |
| ChartMill Relative Strength | 76.38 | POSITIVE | ROK has a high relative strength, it outperformed 76.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ROK is above 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 | POSITIVE | The current price of ROK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for ROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ROK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.33 | NEUTRAL | The Stochastics value for ROK is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for ROK suggests some volalility. |
| Average Directional Index/ADX (14) | 9.28 | NEGATIVE | The low ADX value for ROK suggests a weak or negative 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)
343.58
+3.55 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.04%
1 Week-1.22%
2 Weeks-0.39%
1 Month-1.59%
3 Month4.13%
6 Month32.85%
12 Month26.97%
2 Year20.19%
3 Year59.72%
5 Year55.69%
10 Year238.6%
15 Year456.59%
Volatility
ATR(14)6.83
ATR(20)%2%
ATR Inc-24.09%
Range Today5.25
ADR(20)6.46
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.38
Mansfield0.45
10 Day High350.81
10 Day Low336.79
20 Day High351.51
20 Day Low334.3
52 Week High360.92
52 Week Low215
CS1 End343.4
CR1 Start344.39
Volume & EV
DER(3)0.38%
DER(5)-0.25%
Volume543.50K
Volume Incr-7.41%
Vol(5)732.46K
Vol(50)892.14K