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Uptrend Broken SupportArchive
- 5/2/2025 -
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Roper Industries (ROP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Roper Industries (ROP). During the week, the ROP gained 8.34 points, or 1.50%, and closed at 566.04 on Friday, May 2, 2025. Weekly volume was 24% above average.
 Long-term trend: [See ROP long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 356.22 and reached 595.20 on March 5, 2025. ROP gained -238.98 points, or -67.09%, in 124 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (601.40) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
 Medium-term trend: [See ROP medium-term trend chart]
A medium-term uptrend had started on May 2, 2024 at 508.22 and reached 595.20 on March 5, 2025. ROP gained -86.98 points, or -17.11%, in 43 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 533.65 and resistance is at 599.19. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See ROP weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 11, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See ROP short-term trend chart]
A short-term uptrend had started on April 8, 2025 at 513.90 and reached 571.68 on April 15, 2025. ROP gained -57.78 points, or -11.24%, in 7 days. The price is now at the 9.76% retracement level.
Daily Technical Indicators: [See ROP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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