ROPER TECHNOLOGIES INC. - Daily - Technical analysis published on 12/02/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 478.67 USD
My targets
453.18 USD (-3.02%)
429.38 USD (-8.11%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ROPER TECHNOLOGIES INC., which is a positive signal for sellers. As long as the price remains above 478.67 USD, a sale could be considered. The first bearish objective is located at 453.18 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 429.38 USD as an objective. Crossing it would then enable sellers to target 389.67 USD. If the price were to return above 478.67 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ROPER TECHNOLOGIES INC. price is 467.27 USD. On the day, this instrument gained +1.67% with the lowest point at 460.47 USD and the highest point at 467.34 USD. The deviation from the price is +1.48% for the low point and -0.01% for the high point.460.47
467.34
467.27
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ROPER TECHNOLOGIES INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ROPER TECHNOLOGIES INC. chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 429.38 | 453.18 | 464.28 | 467.27 | 478.67 | 496.63 |
Change (%) | -8.11% | -3.02% | -0.64% | - | +2.44% | +6.28% |
Change | -37.89 | -14.09 | -2.99 | - | +11.40 | +29.36 |
Level | Minor | Major | Minor | - | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 441.70 | 450.64 | 455.11 | 464.05 | 468.52 | 477.46 | 481.93 |
Camarilla | 455.89 | 457.12 | 458.35 | 459.58 | 460.81 | 462.04 | 463.27 |
Woodie | 439.47 | 449.52 | 452.88 | 462.93 | 466.29 | 476.34 | 479.70 |
Fibonacci | 450.64 | 455.76 | 458.93 | 464.05 | 469.17 | 472.34 | 477.46 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 437.68 | 455.69 | 465.53 | 483.54 | 493.38 | 511.39 | 521.23 |
Camarilla | 467.72 | 470.27 | 472.83 | 475.38 | 477.93 | 480.49 | 483.04 |
Woodie | 433.61 | 453.65 | 461.46 | 481.50 | 489.31 | 509.35 | 517.16 |
Fibonacci | 455.69 | 466.33 | 472.90 | 483.54 | 494.18 | 500.75 | 511.39 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 409.51 | 435.40 | 449.77 | 475.66 | 490.03 | 515.92 | 530.29 |
Camarilla | 453.08 | 456.77 | 460.46 | 464.15 | 467.84 | 471.53 | 475.22 |
Woodie | 403.76 | 432.52 | 444.02 | 472.78 | 484.28 | 513.04 | 524.54 |
Fibonacci | 435.40 | 450.78 | 460.28 | 475.66 | 491.04 | 500.54 | 515.92 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 41.01 | |
MACD (12,26,9): | -2.3900 | |
Directional Movement: | -13.00 | |
AROON (14): | -42.86 | |
DEMA (21): | 477.65 | |
Parabolic SAR (0,02-0,02-0,2): | 493.68 | |
Elder Ray (13): | -13.55 | |
Super Trend (3,10): | 494.52 | |
Zig ZAG (10): | 465.45 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 7.44 | |
TEMA (21): | 472.52 | |
Williams %R (14): | -84.63 | |
Chande Momentum Oscillator (20): | -19.38 | |
Repulse (5,40,3): | -2.2600 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0600 | |
Courbe Coppock: | 4.79 |
MA7: | 473.84 | |
MA20: | 483.28 | |
MA50: | 473.00 | |
MA100: | 477.17 | |
MAexp7: | 472.24 | |
MAexp20: | 478.74 | |
MAexp50: | 477.15 | |
MAexp100: | 471.76 | |
Price / MA7: | -1.39% | |
Price / MA20: | -3.31% | |
Price / MA50: | -1.21% | |
Price / MA100: | -2.07% | |
Price / MAexp7: | -1.05% | |
Price / MAexp20: | -2.40% | |
Price / MAexp50: | -2.07% | |
Price / MAexp100: | -0.95% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on ROPER TECHNOLOGIES INC.. At the time of publication of this analysis, the latest news was as follows:
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- Vertafore to be Acquired by Roper Technologies
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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