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ROPER TECHNOLOGIES INC (ROP) Stock Technical Analysis

NASDAQ:ROP - Nasdaq - US7766961061 - Common Stock - Currency: USD

589.555  +5.05 (+0.86%)

Technical Rating and Analysis

8

Overall ROP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ROP is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
ROP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ROP is leading the market.
When compared to the yearly performance of all other stocks, ROP outperforms 68% of them, which is more or less in line with the market.
ROP is part of the Software industry. There are 283 other stocks in this industry, ROP did better than 63% of them.
In the last month ROP has a been trading in a tight range between 565.28 and 593.91.
Weekly and Daily overview Charts
ROPER TECHNOLOGIES INC / ROP Weekly stock chart
ROPER TECHNOLOGIES INC / ROP Daily stock chart
Setup Rating and Analysis

8

ROP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 584.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 583.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

497.67

595.45

We found 4 important support areas.

  • A support zone ranging from 576.94 to 587.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 546.07 to 547.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 515.25 to 517.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 502.70 to 505.73. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.51
Mansfield0.03
10 Day High593.91
10 Day Low568.14
20 Day High593.91
20 Day Low565.28
52 Week High593.91
52 Week Low499.47
Performance
1 Week1.82%
2 Weeks1.93%
1 Month2.44%
3 Month3.19%
6 Month5.43%
12 Month6.67%
2 Year35.87%
3 Year30.4%
5 Year66.19%
10 Year248.81%
15 Year954.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.13
RSI(14)60.67
LBB565.98
UBB586.98
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
587.36576.9310.43 (1.78%)25.00%
An entry @587.36. This is a Buy Stop order right above the resistance zone.An exit @576.93. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 10.43 points, which is 1.78%.For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ROP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ROPER TECHNOLOGIES INC / ROP Daily stock chart

ROPER TECHNOLOGIES INC

NASDAQ:ROP (3/3/2025, 2:48:05 PM)

589.555

+5.05 (+0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.86%
1 Week1.82%
2 Weeks1.93%
1 Month2.44%
3 Month3.19%
6 Month5.43%
12 Month6.67%
2 Year35.87%
3 Year30.4%
5 Year66.19%
10 Year248.81%
15 Year954.29%
Volatility
ATR(14)10.16
ATR(20)%1.72%
ATR Inc2.15%
Range Today5.87
ADR(20)9.64
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.51
Mansfield0.03
10 Day High593.91
10 Day Low568.14
20 Day High593.91
20 Day Low565.28
52 Week High593.91
52 Week Low499.47
CS1 End583.42
CR1 Start584.51
Volume & EV
DER(3)0.81%
DER(5)-0.33%
Volume309.59K
Volume Incr11.86%
Vol(5)720.46K
Vol(50)660.45K