ROP technical analysis
ROP Technical Analysis
Analysis date
August 5, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ROP Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ROP
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 392.76 | August 4, 2026 | - | Verified |
| Verification series | 392.76 | August 4, 2026 | 0.00% | Verified |
Bottom line
ROP Technical Analysis Summary
ROP has staged a strong recovery and now trades above its daily SMA20, SMA50 and SMA200. On the daily timeframe, price at $392.76 sits above SMA20 ($368.15), SMA50 ($348.03) and SMA200 ($380.85), with RSI at 63.14 and a positive MACD configuration (line at 13.17 above signal at 10.40, histogram at 2.77) confirming improving momentum. The stock has gained 8.24% over the past 20 sessions and 11.72% over the past 60 sessions, though it remains 26.91% below the level of one year ago and sits at 36.60% of its 52-week range. The weekly view still carries a bearish tail: price at $391.97 is above SMA20 ($347.59) but below SMA50 ($402.51) and well below SMA200 ($478.71), with the MACD line still negative at -8.23 even as the histogram turns strongly positive. Weekly volatility is elevated at 6.49% of price and price trades above the weekly upper Bollinger Band, suggesting an extended move. Volume is around average on the daily view and slightly below average on the weekly view. Key support sits at $335.50 (20-day low) and $305.19 (60-day low and 52-week low). Resistance stands at $410.26 (20-day high) and $402.51 (weekly SMA50).
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish-leaning. Price at $392.76 is above SMA20 ($368.15), SMA50 ($348.03) and SMA200 ($380.85), a meaningful change from earlier in the year when price was below SMA200. The SMA20 is above SMA50, confirming improving short-term alignment, and price has reclaimed SMA200, which previously acted as overhead resistance. The stock sits at 36.60% of its 52-week range after a sharp recovery, with the 20-period return of +8.24% and 60-period return of +11.72% showing accelerating upside.
- Momentum
- Bullish. RSI14 at 63.14 is above the 50 midline and moving toward overbought without reaching it, reflecting solid momentum. MACD at 13.17 is above the signal line at 10.40 with a positive and expanding histogram of 2.77, the most constructive signal on the daily chart. Momentum supports the recent price advance, though the approach toward 70 on RSI argues for some caution about chasing strength.
- Volatility
- Moderate. ATR14 at 14.45 (3.68% of price) reflects normal daily swings for a large-cap technology company. Bollinger Bands ($329.98 to $406.33) show price near the upper band, indicating the move has extended recently but not to an extreme. Watch for band expansion if the advance continues.
- Volume
- Around average. Latest volume of 889,271 is 99.6% of the 20-period average (892,994), indicating participation is in line with the recent pace. The recovery has not been confirmed by unusually heavy volume, but it is not being rejected by light volume either.
Assessment
The daily chart shows a constructive recovery. Price is above all three major moving averages, RSI is positive without being overbought, and the MACD histogram is expanding. The main caution is that the stock still sits at 36.60% of its 52-week range and remains down 26.91% over the past year, so the recovery is still early relative to the prior downtrend. A push above the 20-day high at $410.26 with volume would be further confirmation, while a loss of SMA20 at $368.15 would weaken the short-term case.
Weekly (July 27, 2026 week)
- Trend
- Mixed with a recovering tone. Price at $391.97 is above SMA20 ($347.59) but below SMA50 ($402.51) and well below SMA200 ($478.71). The SMA50 and SMA200 remain lower, so the intermediate and long-term downtrends are not yet resolved, but price has climbed 16.15% over the past five weeks and sits at 36.27% of its 52-week range.
- Momentum
- Improving. RSI14 at 58.69 is above the 50 midline, showing bullish momentum on the weekly scale. MACD at -8.23 is above the signal line at -18.42 with a strongly positive histogram of 10.19. The crossover is encouraging, though the MACD line remains negative, meaning momentum is improving from a bearish base rather than confirming a new uptrend.
- Volatility
- Elevated. ATR14 at 25.43 (6.49% of price) reflects wide weekly ranges after the sharp drawdown from the 52-week high. Price is trading above the upper Bollinger Band ($382.28), an extended condition that often leads to consolidation or a pause before the trend resolves.
- Volume
- Slightly below average. Weekly volume of 5,202,100 is 93.2% of the 20-week average (5,580,635), showing participation a touch below the recent pace during the rebound.
Assessment
The weekly chart shows the beginning of a recovery within a still-bearish larger trend. Price reclaiming SMA20 and the strong positive MACD histogram crossover are the most encouraging signs, but price remains below SMA50 ($402.51) and SMA200 ($478.71), and the MACD line is still negative. The move above the weekly upper Bollinger Band suggests the near-term advance may be stretched. Sustained upside needs a weekly close above SMA50 at $402.51.
Key indicators
ROP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 63.14 | 58.69 |
| MACD (12, 26, 9) | 13.17 / 10.40 / 2.77 | -8.23 / -18.42 / 10.19 |
| ATR (14) | 14.45 (3.68%) | 25.43 (6.49%) |
| Bollinger Bands (20, 2) | 329.98 - 406.33 | 312.90 - 382.28 |
| SMA (20) | 368.15 | 347.59 |
| SMA (50) | 348.03 | 402.51 |
| SMA (200) | 380.85 | 478.71 |
Price structure
ROP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 392.76 | 391.97 |
| 1-Period Return | +0.05% | +6.71% |
| 5-Period Return | +0.47% | +16.15% |
| 20-Period Return | +8.24% | +12.24% |
| 60-Period Return | +11.72% | -30.88% |
| 252-Period Return | -26.91% | -9.59% |
| 52-Week Low | 305.19 | 305.19 |
| 52-Week High | 544.45 | 544.45 |
| 52-Week Position | 36.60% | 36.27% |
Key levels
ROP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 410.26 | 410.26 |
| 20-Period Low | 335.50 | 305.19 |
| 60-Period High | 410.26 | 570.75 |
| 60-Period Low | 305.19 | 305.19 |
Scenarios
ROP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above the 20-day high at $410.26 with above-average volume, followed by a weekly close above SMA50 at $402.51.
Invalidation
Price falls back below SMA20 at $368.15 and retests the 20-day low at $335.50.
What to watch
Sustained closes above $410.26; daily RSI holding above 60; the weekly MACD line turning positive; volume above the 20-period average.
Range-Bound
Trigger
Price oscillates between $335.50 support (20-day low) and $410.26 resistance (20-day high).
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI drifting between 45 and 65; daily MACD converging toward the signal line; volume staying near average; price holding between the range boundaries.
Bearish
Trigger
Price breaks below the 20-day low at $335.50 and subsequently the 60-day low at $305.19.
Invalidation
Price reclaims and holds above SMA20 at $368.15 with increasing volume.
What to watch
Sustained closes below SMA20 ($368.15); daily RSI breaking below 45; MACD histogram turning negative; the lower Bollinger Band expanding.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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