We assign a technical rating of 0 out of 10 to ROP. 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 technical rating of ROP is bad and it also does not present a 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.
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430.18
When analyzing the support we notice one important area.
- A support zone ranging from 434.53 to 434.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 446.50 to 459.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @476.82 from a trend line in the daily time frame.
- Resistance @519.19 from a horizontal line in the daily time frame.
- Resistance @536.23 from a trend line in the daily time frame.
- Resistance @549.48 from a trend line in the weekly time frame.
- Resistance @567.08 from a horizontal line in the daily time frame.
- Resistance @588.38 from a horizontal line in the weekly time frame.
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 | 20.41 | NEGATIVE | ROP has a low relative strength, it was outperformed by 79.59% 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) | 33.71 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ROP has a negative trend. |
| Stochastics (14,3) | 42.85 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for ROP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.04 | NEUTRAL | The ADX value for ROP suggests a possible start of a new trend. |
434.54
-10.59 (-2.38%)
ROPER TECHNOLOGIES INC / ROP FAQ
Can you provide the ChartMill technical rating for ROPER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to ROP.
Can you provide the trend direction for ROPER TECHNOLOGIES INC?
The current trend direction for ROPER TECHNOLOGIES INC (ROP) is Bearish.
What is the RSI signal for ROPER TECHNOLOGIES INC (ROP) stock?
ROPER TECHNOLOGIES INC (ROP) has an RSI value of 33.7147. This indicates that the stock is currently neutral.
What is the MACD signal for ROPER TECHNOLOGIES INC (ROP) stock?
The MACD indicator for ROPER TECHNOLOGIES INC (ROP) has a value of -0.143723, indicating a bearish trend.
What is the support and resistance level for ROP stock?
ROPER TECHNOLOGIES INC (ROP) has a support level at 434.53 and a resistance level at 446.5. Check the full technical report for our detailed analysis of ROP support and resistance levels.