|
|
Environmental & Facilities Services Industry Stocks Technical Analysis - ROLArchive
- 4/19/2024 -
Sign In to see current Signals. |
Rollins Inc. (ROL) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Rollins Inc. (ROL). During the week, the ROL dropped -1.84 points, or -4.15%, and closed at 42.51 on Friday, April 19, 2024. It was the worst weekly loss since February 16, 2024. Weekly volume was -11% below average.
ROL is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ROL long-term trend chart]
A long-term uptrend had started on January 27, 2022 at 28.51 and reached 47.45 on March 20, 2024. ROL gained -18.94 points, or -66.43%, in 111 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See ROL medium-term trend chart]
A medium-term uptrend had started on October 19, 2023 at 32.19 and reached 47.45 on March 20, 2024. ROL gained -15.26 points, or -47.41%, in 21 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (44.72) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ROL may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See ROL weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
 Short-term trend: [See ROL short-term trend chart]
A short-term downtrend had started on March 20, 2024 at 47.45 and reached 41.72 on April 18, 2024. ROL lost 5.73 points, or 12.08%, in 29 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 42.32 and resistance is at 43.42. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
 Daily Technical Indicators: [See ROL daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is below its signal line since March 25, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
| |
|
|