ROPER TECHNOLOGIES INC (ROP) Stock Technical Analysis
USA - NASDAQ:ROP - US7766961061 - Common Stock
We assign a technical rating of 0 out of 10 to ROP. 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 443.87, a Stop Loss order could be placed below this zone.
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438.83
When analyzing the support we notice one important area.
- A support zone ranging from 443.26 to 443.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 8 important resistance areas.
- A resistance zone ranging from 444.08 to 447.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 455.21 to 458.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @500.48 from a trend line in the daily time frame.
- Resistance @509.01 from a horizontal line in the weekly time frame.
- Resistance @519.19 from a horizontal line in the daily time frame.
- Resistance @554.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 566.76 to 567.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 587.34 to 588.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 18.49 | NEGATIVE | ROP has a low relative strength, it was outperformed by 81.51% 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) | 34.55 | NEUTRAL | The RSI value for ROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.17 | POSITIVE | The MACD value suggests ROP has a positive trend. |
| Stochastics (14,3) | 39.71 | NEUTRAL | The Stochastics value for ROP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ROP suggests some volalility. |
| Average Directional Index/ADX (14) | 40.27 | POSITIVE | The high ADX value value for ROP suggests a strong trend. |
443.88
-5.62 (-1.25%)
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 34.5541. 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.