ROK Stock Forecast & Rockwell Automation Chart Analysis
This article provides a detailed analysis of ROK-Rockwell Automation stock including a forecast for ROK shares. It features Rockwell Automation, Inc. 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
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ROK Historical Data Review
ROK Current Price Performance Analysis
The Rockwell Automation - ROK stock traded on the American stock market, on 06-05-2024, closed at 259.54$ with a %1.78 increased compared to the previous day.
In the last month, the price of ROK changed by %-6.43 decreased in value, from 277.39 dollars on 05-06-2024 to 259.54 dollars, decreased.
Last year, the price of ROK was 291.99 dollars on 06-06-2023, and changed by %-11.11 decreased in value, to 259.54 dollars decreased within a year.
The price of Rockwell Automation 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.
ROK with AI Stock Forecast & Price Target
On the ROK chart Rockwell Automation price was recorded as 259.54 Dollars on 06/05/2024.
The artificial intelligence's forecast on ROK stock is as follows.
The artificial intelligence's prediction error margin for ROK stock is very 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 Rockwell Automation stock over the next 4 months is: 297.1 Dollars.
The commentary on ROK stock Target Price: Highest: 327.458 Dollars is predicted.
The commentary on ROK stock Target Price: Lowest: 277.592 Dollars is predicted.
Resistance Price where Rockwell Automation stock will Rise and Fall:
Date | Price Prediction |
---|---|
07-05-2024 | 293.304 |
10-23-2024 | 304.951 |
12-02-2024 | 327.458 |
02-20-2025 | 307.141 |
Support Price where Rockwell Automation stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 278.882 |
10-28-2024 | 304.525 |
01-21-2025 | 296.007 |
04-11-2025 | 277.592 |
The commentary on ROK stock: Fluctuations in the target price can be expected in the coming days.
The target price for Rockwell Automation stock by the end of 2024 is predicted to be 311.146 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ROK stock, and the 2024 target price predictions for Rockwell Automation are detailed above.
The technical analysis and charts for the commentary on ROK stock are below.
ROK Support & Resistance and Trend Analysis
ROK stock you have reviewed the technical analysis support resistance charts regarding.
ROK : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ROK review, the Rockwell Automation 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.
Rockwell Automation Support and Resistance Prices:
ROK Support Level Price | ROK Resistance Level Price |
---|---|
252.11 | 278.20 |
252.19 | 282.52 |
254.45 | 282.55 |
261.83 | 283.16 |
263.51 | 286.61 |
263.69 | 290.15 |
267.00 | 290.67 |
268.37 | 292.68 |
268.60 | 298.63 |
269.47 | 307.71 |
293.52 | 310.00 |
312.76 |
ROK Technical Analysis: SMA, RSI, MACD
Upon reviewing the ROK chart, buy and sell signals have been generated in the Rockwell Automation 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 ROK stock are as follows:- The technical analysis for Rockwell Automation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
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 Rockwell Automation stock: Click here to read more predictions on Halliburton Company stock.
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