We assign a technical rating of 0 out of 10 to ROP. ROP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ROP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 434.53, a Stop Loss order could be placed below this zone.
427.33
We found 1 important support area.
6 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for ROP is down. |
| ChartMill Relative Strength | 18.06 | NEGATIVE | ROP has a low relative strength, it was outperformed by 81.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROP is below 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) | 40.19 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests ROP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.41 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for ROP suggests low volalility. |
| Average Directional Index/ADX (14) | 25.79 | POSITIVE | The high ADX value value for ROP suggests a strong trend. |
437.6
+1.06 (+0.24%)
ChartMill assigns a technical rating of 0 / 10 to ROP.
The current trend direction for ROPER TECHNOLOGIES INC (ROP) is Bearish.
ROPER TECHNOLOGIES INC (ROP) has an RSI value of 40.1887. This indicates that the stock is currently neutral.
The MACD indicator for ROPER TECHNOLOGIES INC (ROP) has a value of -0.981425, indicating a bearish trend.
ROPER TECHNOLOGIES INC (ROP) has a support level at 434.53 and a resistance level at 443.77. Check the full technical report for our detailed analysis of ROP support and resistance levels.