ROCKWELL AUTOMATION INC (ROK) Stock Technical Analysis
USA - NYSE:ROK - US7739031091 - Common Stock
392.08 USD
+0.84 (+0.21%)
392.55 USD
+0.47 (+0.12%)
We assign a technical rating of 10 out of 10 to ROK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ROK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ROK did better than 85% of all other stocks. On top of that, ROK also shows a nice and consistent pattern of rising prices.
ROK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ROK has a been trading in the 343.81 - 396.89 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ROK is an average performer in the Electrical Equipment industry, it outperforms 57% of 91 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ROK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
325.38
396.00
When analyzing the support we can see 4 important areas.
- A support zone ranging from 363.03 to 371.85. 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 351.79 to 356.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @339.52 from a horizontal line in the daily time frame.
- A support zone ranging from 328.67 to 333.74. 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 | 85.75 | POSITIVE | ROK has a high relative strength, it outperformed 85.75% 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) | 75.24 | OVERBOUGHT | The high RSI value suggests ROK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.91 | POSITIVE | The MACD value suggests ROK has a positive trend. |
| Stochastics (14,3) | 76.26 | NEUTRAL | The Stochastics value for ROK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for ROK suggests some volalility. |
| Average Directional Index/ADX (14) | 34.17 | 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)
392.08
+0.84 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.21%
1 Week8.96%
2 Weeks8.32%
1 Month13.97%
3 Month14.55%
6 Month26.87%
12 Month37.02%
2 Year42.35%
3 Year48.39%
5 Year53.42%
10 Year268.36%
15 Year492.98%
Volatility
ATR(14)10.89
ATR(20)%2.56%
ATR Inc21.36%
Range Today5.29
ADR(20)8.79
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.75
3 months CRS83.49
6 months CRS82.39
Mansfield1.34
10 Day High396.89
10 Day Low354.11
20 Day High396.89
20 Day Low343.81
52 Week High396.89
52 Week Low215
CS1 End371.85
CR1 StartN/A
Volume & EV
DER(3)-2.52%
DER(5)-0.86%
Volume1.03M
Volume Incr119.44%
Vol(5)1.45M
Vol(50)774.74K
ROCKWELL AUTOMATION INC / ROK FAQ
Can you provide the ChartMill technical rating for ROCKWELL AUTOMATION INC?
ChartMill assigns a technical rating of 10 / 10 to ROK.
What is the current trend direction of ROCKWELL AUTOMATION INC (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 75.2352. This indicates that the stock is currently overbought.
What is the short term momentum for ROCKWELL AUTOMATION INC (ROK) stock?
The short term momentum for ROCKWELL AUTOMATION INC (ROK) is positive.
What is the buy/sell signal for ROCKWELL AUTOMATION INC (ROK) stock?
The buy/sell signal for ROCKWELL AUTOMATION INC (ROK) is buy as both the short term and long term trends are positive.