ROP stock: buy or sell

ROP stock price: $417.31 -0.43% At close on Jan 26th, 2021

Updated on:
Jan 27th, 2021

1

ROP stock brief

  • Counting on Tuesday, it's been 3 consecutive sessions in red for Roper Technologies. Price closed on Tuesday at $417.31 after barely moving a -0.43%.
  • Roper Technologies is presenting its earnings report on Friday
  • Roper Technologies, Inc. designs and develops software, and engineered products and solutions worldwide.

Should I buy Roper Technologies stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $ROP stock a buy?

In the current situation of Roper Technologies there is not any eligible buy setup. This doesn't mean we expect a selloff for $ROP in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Roper Technologies stock?

When is it time to sell Roper Technologies?. Like when we have to buy shares, determining when is appropiate to sell is not a haphazard decision, and we must adhere our own trading strategy. When selling, as well as buying, our setups are very easy to follow and are only applicable for selling shares in your porfolio, not for selling short $ROP stock

As a golden rule, you must never mantain a trading operation that yields higher than expected losses at the time of purchase. When to sell your stock always has to be ruled by the stop-loss (automatic or manual)

Is it time to sell Roper Technologies stock?

In the current situation of Roper Technologies there is not any eligible sell setup, so Roper Technologies stock holders with operations in profit can keep their positions

Roper Technologies ratings

We don't have any rating published in the last month for Roper Technologies

Roper Technologies stock analysis

SMAs overview

ROP stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $432.51 (3.64% above)
  • R2: $437.74 (4.90% above)
  • R3: $439.58 (5.34% above)
  • The current support levels are:

  • S1: $408.80 (-2.04% below)
  • S2: $407.60 (-2.33% below)
  • S3: $402.22 (-3.62% below)
  • Bollinger bands

    Since the price broke down the lower band on January 14, the price has bounced off by 2.87%. The price is trading near to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a buy signal, as price can move in these levels for many days and weeks

    ROP stock Bollinger Bands chart

    Relative strength index

    The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really being of any help to us in making any decisions.

    ROP stock RSI chart

    Roper Technologies stock price history

    Roper Technologies started trading on Feb 13th, 1992 at $1.62 per share1. Since then, ROP stock has risen by 25,659.88%, with an average of 916.42% per year. If you had invested $1,000USD in Roper Technologies stock at that time, it would be valued $257,598.77 today.

    1: Adjusted price after possible price splits or reverse-splits

    ROP stock price history chart

    Price target for Roper Technologies stock

    Nobody knows how much a share will be priced tomorrow. Banks and financial organisations publish their analysis predicting how a stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental data by the company, and many times. If you are a small investor you don't have to buy or sell based on these projections.

    We don't have any target price posted in the last 4 weeks for Roper Technologies.

    Earnings and financials

    ROP ($ROP) is hosting the earnings call on Friday. Wall Street estimates of $3.48, compared to Q3 that was $3.17.

    If you own or you are looking to buy ROP stock, be aware that financial reporting day usually has a very high volatility, and price can soar and sink with unsually low liquidity and not respecting your buy/stop-loss orders. Roper Technologies's website probably has further details.

    Last October, Roper Technologies ($ROP) hosted the shareholders event and posted the report. ROP beat Wall St estimates and posted of $3.17, that is a 4.28% surprise versus the estimates of $3.04. Nevertheless, reported revenues of $1.4 billion were in line with market predictions.

    In comparing, the EPS for the same quarter last year was $3.29, so posted EPS means a reduction of -3.65%. Revenue just changed on an annualized basis in the , from $13.5B to $13.7B last quarter.

    Roper Technologies performance

    ROP performance compared
    Company1m3m6m
    Roper Technologies ($ROP) -0.50% -1.60% -1.60%

    Disclaimer:
    The viewpoints published in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not have an understanding of the specific scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for general educational reasons only

    ROP summary

    Tuesday, January 26th, 2021
    Open$420.87
    Close$417.31
    Day range$413.9 - $422.06
    Previous close$419.11
    Session gain-0.43%
    Average true range$13.25
    50d mov avg$417.64
    100d mov avg$409.88
    200d mov avg$399.22
    Earnings dateJanuary 29th, 2021

    Frequently asked questions

    What is Roper Technologies stock symbol?

    Roper Technologies, Inc. is a public company trading in the US stock market with the ROP symbol

    Is Roper Technologies stock a buy or sell?

    Roper Technologies had no ratings in the last 30 days Read the article to get additional tips on trading ROP stock.

    Will ROP go up?

    There were no price targets published by market analysts in the last 30 days for Roper Technologies.