ROTORK PLC (ROR.L) Stock Technical Analysis
LON:ROR - London Stock Exchange, The - GB00BVFNZH21 - Common Stock - Currency: GBX
Taking everything into account, ROR scores 0 out of 10 in our technical rating. ROR'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, ROR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 307.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 289.80, a Stop Loss order could be placed below this zone.
More info and screens
279.38
When analyzing the support we notice one important area.
- A support zone ranging from 282.20 to 289.80. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 307.61 to 315.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 331.40 to 332.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @343.40 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 349.41 to 351.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
LON:ROR (5/2/2025, 5:29:26 PM)
305.8
+0.8 (+0.26%)