ROPER TECHNOLOGIES INC (ROP) Technical Analysis
NASDAQ:ROP • US7766961061
We assign a technical rating of 1 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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. The S&P500 Index however is trading in the upper part of its 52 week range, so ROP is lagging the market.
- In the last month ROP has a been trading in the 313.07 - 369.27 range, which is quite wide. It is currently trading near the high of this range.
- ROP has an average volume of 1643680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ROP is part of the Software industry. There are 276 other stocks in this industry, ROP did better than 40% of them.
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.
More info and screens
363.83
We can see 3 important resistance areas.
- A resistance zone ranging from 367.51 to 367.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @401.96 from a trend line in the weekly time frame.
- Resistance @444.00 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for ROP is neutral. |
| ChartMill Relative Strength | 11.94 | NEGATIVE | ROP has a low relative strength, it was outperformed by 88.06% 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 | 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) | 55.82 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.73 | POSITIVE | The MACD value suggests ROP has a positive trend. |
| Stochastics (14,3) | 93.79 | OVERBOUGHT | The high Stochastics value suggests ROP may be overbought. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ROP suggests some volalility. |
| Average Directional Index/ADX (14) | 37.83 | POSITIVE | The high ADX value value for ROP suggests a strong trend. |
ROP Technicals: Chart, Performance Metrics, Trend & Indicators
367.5
+1.48 (+0.4%)
ROPER TECHNOLOGIES INC / ROP FAQ
Can you provide the ChartMill technical rating for ROPER TECHNOLOGIES INC?
ChartMill assigns a technical rating of 1 / 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 55.8247. 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 6.73034, indicating a bullish trend.
What is the support and resistance level for ROP stock?
ROPER TECHNOLOGIES INC (ROP) has a resistance level at 367.51. Check the full technical report for our detailed analysis of ROP support and resistance levels.