ROCKWELL AUTOMATION INC (ROK) Stock Technical Analysis
NYSE:ROK • US7739031091
Taking everything into account, ROK scores 6 out of 10 in our technical rating. In the last year, ROK was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month ROK has a been trading in the 380.21 - 438.72 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ROK did better than 78% of all other stocks. We also observe that the gains produced by ROK over the past year are nicely spread over this period.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ROK is part of the Electrical Equipment industry. There are 92 other stocks in this industry, ROK did better than 62% of them.
- Volume is considerably higher in the last couple of days.
ROK has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
346.93
When analyzing the support we can see 4 important areas.
- Support @394.36 from a horizontal line in the weekly time frame.
- Support @381.99 from a horizontal line in the daily time frame.
- Support @361.81 from a trend line in the daily time frame.
- Support @350.43 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 408.15 to 421.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @430.32 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 | UP | POSITIVE | The long term trend for ROK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROK is down. |
| ChartMill Relative Strength | 78.66 | POSITIVE | ROK has a high relative strength, it outperformed 78.66% 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) | UP | MIXED | The current price of ROK is below the rising 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) | 42.1 | NEUTRAL | The RSI value for ROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.38 | NEGATIVE | The MACD value suggests ROK has a negative trend. |
| Stochastics (14,3) | 22.33 | NEUTRAL | The Stochastics value for ROK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ROK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for ROK suggests a weak or negative trend. |
394.37
+12.37 (+3.24%)
ROCKWELL AUTOMATION INC / ROK FAQ
Can you provide the ChartMill technical rating for ROCKWELL AUTOMATION INC?
ChartMill assigns a technical rating of 6 / 10 to ROK.
What is the trend direction for ROK stock?
The current trend direction for ROCKWELL AUTOMATION INC (ROK) is Bullish.
What is the RSI signal for ROCKWELL AUTOMATION INC (ROK) stock?
ROCKWELL AUTOMATION INC (ROK) has an RSI value of 42.1005. 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 -4.38176, indicating a bearish trend.
What is the support and resistance level for ROK stock?
ROCKWELL AUTOMATION INC (ROK) has a support level at 394.36 and a resistance level at 408.15. Check the full technical report for our detailed analysis of ROK support and resistance levels.