ROP technical analysis

ROP Technical Analysis

Analysis date

July 15, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

ROP Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
ROP
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)346.65July 14, 2026-Verified
Finviz (independent)346.65July 14, 2026 (previous close)0.00%Verified

Bottom line

ROP Technical Analysis Summary

ROP presents a mixed technical picture with short-term improvement against a persistent longer-term downtrend. On the daily timeframe, price at $346.65 has recovered above SMA20 ($343.41) and SMA50 ($336.61), but remains well below SMA200 ($390.51). RSI at 51.66 is neutral, while the daily MACD shows a positive configuration with the MACD line above the signal line and a rising histogram, indicating improving short-term momentum. The weekly view reinforces the mixed picture: price is above SMA20 ($344.61) but below SMA50 ($411.91) and SMA200 ($478.55), with RSI at 47.01 reflecting slight bearish bias. The weekly MACD histogram has turned positive, but the MACD line remains negative, suggesting early recovery momentum. Volume is below average on both timeframes, indicating cautious participation. Key support is at the 20-day low of $319.31 and the 52-week low of $305.19. Resistance sits at the 20-day high of $375.05 and the SMA200 at $390.51.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Mixed. Price at $346.65 is above SMA20 ($343.41) and SMA50 ($336.61) but below SMA200 ($390.51). The SMA20 crossed above SMA50 recently, signaling short-term bullish alignment, but the SMA200 sloping downward at $390.51 continues to act as overhead resistance. The price sits at the 16.2% position of the 52-week range, reflecting the broader downtrend.
Momentum
Neutral-bullish. RSI14 at 51.66 is above the 50 midline but not convincingly bullish, reflecting cautious sentiment. MACD at 6.19 is above the signal line at 5.27 with a positive and rising histogram of 0.92, indicating improving short-term momentum. The MACD configuration is the most constructive signal on the daily chart.
Volatility
Moderate. ATR14 at 10.33 (2.98% of price) reflects normal daily swings for a large-cap software and technology company. Bollinger Bands ($316.38 to $370.45) show price at the midpoint, suggesting no extreme extension in either direction.
Volume
Below average. Latest volume of 691,271 is 54.7% of the 20-period average (1,264,364), indicating reduced participation during the recent recovery. Low volume during an upward move can suggest limited conviction.

Assessment

The daily chart shows a recovering but not yet confirmed bullish picture. Price has reclaimed the shorter-term SMAs (SMA20 and SMA50) which is constructive, but the SMA200 overhead at $390.51 represents significant resistance that must be overcome to confirm a trend reversal. RSI near 50 offers no strong conviction, while the positive MACD with rising histogram is the most encouraging signal. Below-average volume tempers the bullish case. The key levels to watch are the 20-day low at $319.31 for support and the 20-day high at $375.05 for resistance.

Weekly (July 6, 2026 week)

Trend
Mixed with bearish lean. Price at $355.90 is above SMA20 ($344.61) but below SMA50 ($411.91) and well below SMA200 ($478.55). The SMA50 and SMA200 are both sloping downward, confirming the intermediate and long-term downtrend remains intact. The 52-week position at 19.8% reflects a stock deep in the lower end of its yearly range.
Momentum
Neutral. RSI14 at 47.01 is below the 50 midline, reflecting mild bearish bias on the weekly scale. MACD at -17.94 is above the signal line at -25.08 with a positive histogram of 7.14. This positive MACD crossover is encouraging, though the MACD line remains negative, indicating momentum is improving from a deeply bearish level rather than confirming a new uptrend.
Volatility
Elevated. ATR14 at 23.22 (6.53% of price) reflects significant weekly ranges, typical for a stock that has experienced a sharp drawdown from its 52-week high. Bollinger Bands are wide ($317.90 to $371.31), reflecting recent price swings.
Volume
Below average. Weekly volume of 4,150,600 is 68.8% of the 20-week average (6,032,155), showing reduced participation during the recent bounce.

Assessment

The weekly chart reinforces the mixed view from the daily timeframe. While price holding above the SMA20 is constructive, the larger trend remains bearish with price below both SMA50 and SMA200. The positive MACD histogram crossover is the most encouraging development, but the MACD line remaining negative reminds that this is early-stage recovery at best. The deeply oversold 52-week position (19.8%) suggests mean-reversion potential, but sustained upside will require closing above the SMA50 at $411.91.

Key indicators

ROP Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)51.6647.01
MACD (12, 26, 9)6.19 / 5.27 / 0.92-17.94 / -25.08 / 7.14
ATR (14)10.33 (2.98%)23.22 (6.53%)
Bollinger Bands (20, 2)316.38 - 370.45317.90 - 371.31
SMA (20)343.41344.61
SMA (50)336.61411.91
SMA (200)390.51478.55

Price structure

ROP Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price346.65355.90
1-Period Return-3.87%-2.03%
5-Period Return-4.46%+7.41%
20-Period Return+3.75%+6.53%
60-Period Return-3.97%-38.31%
252-Period Return-36.12%-22.48%
52-Week Low305.19305.19
52-Week High561.30561.30
52-Week Position16.19%19.80%

Key levels

ROP Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High375.05383.04
20-Period Low319.31305.19
60-Period High383.04578.09
60-Period Low305.19305.19

Scenarios

ROP Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 20-day high at $375.05 with above-average volume, followed by a weekly close above SMA50 at $411.91.

Invalidation

Price falls below the 20-day low at $319.31 and retests the 52-week low at $305.19.

What to watch

Sustained close above $375.05; daily RSI trending toward 60; MACD histogram continuing to expand; volume exceeding the 20-period average.

Range-Bound

Trigger

Price oscillates between $319.31 support (20-day low) and $375.05 resistance (20-day high).

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI fluctuating between 40 and 60; daily MACD converging toward the signal line; volume staying below average; Bollinger Bands narrowing.

Bearish

Trigger

Price breaks below the 20-day low at $319.31 and subsequently the 60-day low at $305.19.

Invalidation

Price reclaims and holds above SMA20 at $343.41 with increasing volume.

What to watch

Sustained closes below SMA20 ($343.41); daily RSI breaking below 40; MACD histogram turning negative; expansion of the lower Bollinger Band.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

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.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.