ROPER TECHNOLOGIES INC (ROP) Technical Analysis
NASDAQ:ROP • US7766961061
Current stock price
ROP Technical Rating and Analysis
Taking everything into account, ROP scores 0 out of 10 in our technical rating. ROP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ROP is a bad performer in the overall market: 89% of all stocks are doing better.
- ROP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROP is lagging the market.
- ROP has an average volume of 1842910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ROP is part of the Software industry. There are 275 other stocks in this industry, ROP did better than 43% of them.
- In the last month ROP has a been trading in the 340.41 - 368.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ROP Weekly and Daily overview Charts
ROP Setup Rating and Analysis
ROP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 367.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 353.72, a Stop Loss order could be placed below this zone.
More info and screens
ROP Support and Resistance Analysis
343.31
We found 1 important support area.
- A support zone ranging from 346.78 to 353.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 367.51 to 371.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @382.42 from a trend line in the weekly time frame.
- Resistance @429.49 from a trend line in the daily time frame.
ROP 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 ROP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROP is neutral. |
| ChartMill Relative Strength | 11.74 | NEGATIVE | ROP has a low relative strength, it was outperformed by 88.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ROP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ROP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.01 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.3 | POSITIVE | The MACD value suggests ROP has a positive trend. |
| Stochastics (14,3) | 74.48 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ROP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for ROP suggests a weak or negative trend. |
ROP Chart- and CandleStick Pattern Analysis
ROP Technicals: Chart, Performance Metrics, Trend & Indicators
357.88
+2.01 (+0.56%)
ROPER TECHNOLOGIES INC / ROP TA FAQ
Can you provide the ChartMill technical rating for ROPER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to ROP.
What is the current trend direction of ROPER TECHNOLOGIES INC (ROP) stock?
The current trend direction for ROPER TECHNOLOGIES INC (ROP) is Bearish.
Can you provide the RSI signal for ROPER TECHNOLOGIES INC?
ROPER TECHNOLOGIES INC (ROP) has an RSI value of 54.0137. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ROPER TECHNOLOGIES INC?
The short term momentum for ROPER TECHNOLOGIES INC (ROP) is neutral.
Can you provide the support and resistance levels for ROPER TECHNOLOGIES INC?
ROPER TECHNOLOGIES INC (ROP) has a support level at 353.72 and a resistance level at 367.51. Check the full technical report for our detailed analysis of ROP support and resistance levels.