EN
Takip Edin: @UscMarketsRBLX Stock Forecast & Roblox Corporation Chart Analysis
This article provides a detailed analysis of RBLX-Roblox Corporation stock including a forecast for RBLX shares. It features Roblox Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
RBLX Historical Data Review
RBLX Current Price Performance Analysis
The Roblox Corporation - RBLX stock traded on the American stock market, on 06-05-2024, closed at 35.6$ with a %1.71 increased compared to the previous day.
In the last month, the price of RBLX changed by %-11.24 decreased in value, from 40.11 dollars on 05-06-2024 to 35.6 dollars, decreased.
Last year, the price of RBLX was 41.33 dollars on 06-06-2023, and changed by %-13.86 decreased in value, to 35.6 dollars decreased within a year.
The price of Roblox Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
RBLX with AI Stock Forecast & Price Target
On the RBLX chart Roblox Corporation price was recorded as 35.6 Dollars on 06/05/2024.
The artificial intelligence's forecast on RBLX stock is as follows.
The artificial intelligence's prediction error margin for RBLX stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Roblox Corporation stock over the next 4 months is: 20.3 Dollars.
The commentary on RBLX stock Target Price: Highest: 31.375 Dollars is predicted.
The commentary on RBLX stock Target Price: Lowest: 5.666 Dollars is predicted.
Resistance Price where Roblox Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 30.462 |
| 07-15-2024 | 30.497 |
| 10-23-2024 | 31.375 |
| 04-11-2025 | 5.718 |
Support Price where Roblox Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 30.409 |
| 07-10-2024 | 30.460 |
| 09-13-2024 | 24.726 |
| 04-01-2025 | 5.709 |
The commentary on RBLX stock: The target price can generally be said to be on the decline.
The commentary on RBLX stock: Fluctuations in the target price can be expected in the coming days.
The target price for Roblox Corporation stock by the end of 2024 is predicted to be 15.468 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on RBLX stock, and the 2024 target price predictions for Roblox Corporation are detailed above.
The technical analysis and charts for the commentary on RBLX stock are below.
RBLX Support & Resistance and Trend Analysis
RBLX stock you have reviewed the technical analysis support resistance charts regarding.
RBLX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the RBLX review, the Roblox Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Roblox Corporation Support and Resistance Prices:
| RBLX Support Level Price | RBLX Resistance Level Price |
|---|---|
| 29.55 | 34.10 |
| 30.83 | 35.91 |
| 31.59 | 40.80 |
| 33.71 | 41.04 |
| 35.79 | 42.20 |
| 35.85 | 42.65 |
| 35.95 | 43.06 |
| 36.33 | 47.11 |
| 37.76 | 47.20 |
| 38.37 | |
| 38.51 |
RBLX Technical Analysis: SMA, RSI, MACD
Upon reviewing the RBLX chart, buy and sell signals have been generated in the Roblox Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for RBLX stock are as follows:- The technical analysis for RBLX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for RBLX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Roblox Corporation issued a 'Buy' signal when the MACD was at -1.088, with the current MACD value being: -0.364
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Roblox Corporation stock: Click here to read more predictions on MS&AD Insurance Group stock.
Click here for price target predictions and technical analysis charts of other American stocks