ROPER TECHNOLOGIES INC (ROP) Technical Analysis
NASDAQ:ROP • US7766961061
Current stock price
ROP Technical Rating and Analysis
Overall ROP gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ROP has a been trading in the 340.41 - 363.44 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- ROP has an average volume of 1631360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ROP is an average performer in the Software industry, it outperforms 47% of 271 stocks in the same industry.
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 365.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 352.50, a Stop Loss order could be placed below this zone.
More info and screens
ROP Support and Resistance Analysis
346.00
When analyzing the support we notice one important area.
- A support zone ranging from 349.49 to 352.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 365.53 to 372.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @424.15 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 | 11.82 | NEGATIVE | ROP has a low relative strength, it was outperformed by 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROP is above the rising 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) | 50.19 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ROP has a positive trend. |
| Stochastics (14,3) | 46.72 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ROP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.69 | 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
354
-2.35 (-0.66%)
ROPER TECHNOLOGIES INC / ROP TA FAQ
Can you provide the ChartMill technical rating for ROPER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 1 / 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 50.1947. 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 352.5 and a resistance level at 365.53. Check the full technical report for our detailed analysis of ROP support and resistance levels.