Taking everything into account, ROP scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, ROP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 443.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 440.63, a Stop Loss order could be placed below this zone.
More info and screens
435.23
When analyzing the support we notice one important area.
- A support zone ranging from 439.63 to 440.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 7 important resistance areas.
- A resistance zone ranging from 443.40 to 447.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @489.03 from a trend line in the daily time frame.
- Resistance @519.19 from a horizontal line in the daily time frame.
- Resistance @533.19 from a trend line in the daily time frame.
- Resistance @552.19 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 | 17.31 | NEGATIVE | ROP has a low relative strength, it was outperformed by 82.69% 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) | 37.7 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.79 | POSITIVE | The MACD value suggests ROP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.67 | 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) | 35.41 | POSITIVE | The high ADX value value for ROP suggests a strong trend. |
440.635
-6.07 (-1.36%)
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.
What is the trend direction for ROP stock?
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 37.7007. 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 negative.
What is the buy/sell signal for ROP stock?
The buy/sell signal for ROPER TECHNOLOGIES INC (ROP) is sell as both the short term and long term trends are negative.