ROCKWELL AUTOMATION INC (ROK) Stock Technical Analysis
NYSE:ROK - New York Stock Exchange, Inc. - US7739031091 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ROK. Both in the recent history as in the last year, ROK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ROK is one of the better performing stocks in the Electrical Equipment industry, it outperforms 78% of 94 stocks in the same industry.
A new 52 week high is currently being made by ROK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ROK has a been trading in the 314.31 - 339.90 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ROK did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although ROK has an excellent technical rating, it does not offer a high 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
314.66
342.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 324.25 to 328.90. 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 317.84 to 317.84. 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 | UP | POSITIVE | The short term trend for ROK is up. |
| ChartMill Relative Strength | 88.69 | POSITIVE | ROK has a high relative strength, it outperformed 88.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROK is above 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) | 74.93 | OVERBOUGHT | The high RSI value suggests ROK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests ROK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.01 | OVERBOUGHT | The high Stochastics value suggests ROK may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ROK suggests low volalility. |
| Average Directional Index/ADX (14) | 33.78 | POSITIVE | The high ADX value value for ROK suggests a strong 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)
338.61
+6.44 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.94%
1 Week3.88%
2 Weeks4.41%
1 Month6.72%
3 Month49.1%
6 Month19.74%
12 Month28.23%
2 Year0.69%
3 Year32.64%
5 Year55.23%
10 Year189.96%
15 Year525.32%
Volatility
ATR(14)5.69
ATR(20)%1.61%
ATR Inc25.75%
Range Today9.97
ADR(20)5.09
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
Mansfield1.33
10 Day High339.9
10 Day Low316.84
20 Day High339.9
20 Day Low314.31
52 Week High339.9
52 Week Low215
CS1 End326.89
CR1 Start329.96
Volume & EV
DER(3)0.19%
DER(5)0.37%
Volume1.06M
Volume Incr3.26%
Vol(5)880.09K
Vol(50)933.33K