NASDAQ:ROP - Nasdaq - US7766961061 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ROP. Although ROP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ROP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 583.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 575.46, a Stop Loss order could be placed below this zone.
497.67
We found 3 important support areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
593.83 | 563.48 | 30.35 (5.11%) | 19.57% |
An entry @593.83. This is a Buy Stop order right above the resistance zone. | An exit @563.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 30.35 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.57% of your capital in this trade. |
578.21
-2.26 (-0.39%)