ROCKWELL AUTOMATION INC (ROK) Technical Analysis
NYSE:ROK • US7739031091
Current stock price
ROK Technical Rating and Analysis
Overall ROK gets a technical rating of 2 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month ROK has a been trading in the 347.63 - 412.73 range, which is quite wide. It is currently trading near the lows of this range.
- ROK has an average volume of 1083250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ROK did better than 76% of all other stocks. However, we also see that ROK couldn't keep up this performance in the last couple of months.
- ROK is an average performer in the Electrical Equipment industry, it outperforms 58% of 92 stocks in the same industry.
- 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.
ROK Weekly and Daily overview Charts
ROK Setup Rating and Analysis
ROK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 351.49, a Stop Loss order could be placed below this zone.
More info and screens
ROK Support and Resistance Analysis
347.98
When analyzing the support we notice one important area.
- A support zone ranging from 351.49 to 351.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 351.51 to 351.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 357.34 to 361.23. 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 392.98 to 393.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ROK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for ROK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROK is down. |
| ChartMill Relative Strength | 76.66 | POSITIVE | ROK has a high relative strength, it outperformed 76.66% 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) | 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) | 33.55 | NEUTRAL | The RSI value for ROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ROK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.31 | NEUTRAL | The Stochastics value for ROK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ROK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.03 | POSITIVE | The high ADX value value for ROK suggests a strong trend. |
ROK Chart- and CandleStick Pattern Analysis
ROK Technicals: Chart, Performance Metrics, Trend & Indicators
351.5
-3.32 (-0.94%)
ROCKWELL AUTOMATION INC / ROK TA 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 33.5471. 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 0.0724646, indicating a bearish trend.
What is the support and resistance level for ROK stock?
ROCKWELL AUTOMATION INC (ROK) has a support level at 351.49 and a resistance level at 351.51. Check the full technical report for our detailed analysis of ROK support and resistance levels.