Taking everything into account, ROP scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, ROP does present a nice setup opportunity. 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.
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427.33
When analyzing the support we notice one important area.
- A support zone ranging from 431.65 to 434.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 440.65 to 456.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @473.00 from a trend line in the daily time frame.
- Resistance @519.19 from a horizontal line in the daily time frame.
- Resistance @548.57 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 | 16.92 | NEGATIVE | ROP has a low relative strength, it was outperformed by 83.08% 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) | 37.86 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.01 | NEGATIVE | The MACD value suggests ROP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.44 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ROP suggests low volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for ROP suggests a strong trend. |
434.81
+0.34 (+0.08%)
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 37.8618. 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 -1.01442, 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 440.65. Check the full technical report for our detailed analysis of ROP support and resistance levels.