Rogers Stock Technical Analysis

ROG Stock  USD 106.42  0.60  0.57%   
As of the 18th of April 2024, Rogers holds the Risk Adjusted Performance of (0.04), coefficient of variation of (1,469), and Variance of 3.13. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rogers, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Rogers, which can be compared to its competitors. Please check Rogers standard deviation and value at risk to decide if Rogers is priced some-what accurately, providing market reflects its current price of 106.42 per share. Given that Rogers has information ratio of (0.1), we recommend you to check out Rogers's recent market performance to make sure the company can sustain itself at a future point.

Rogers Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rogers, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rogers
  
Rogers' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Rogers Analyst Consensus

Target PriceAdvice# of Analysts
210.0Strong Buy2Odds
Rogers current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rogers analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rogers stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rogers, talking to its executives and customers, or listening to Rogers conference calls.
Rogers Analyst Advice Details
Rogers technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rogers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rogers trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Rogers Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rogers volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rogers Trend Analysis

Use this graph to draw trend lines for Rogers. You can use it to identify possible trend reversals for Rogers as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rogers price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rogers Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rogers applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that the returns on investment in Rogers will continue to fail. It has 122 observation points and a regression sum of squares at 125.88, which is the sum of squared deviations for the predicted Rogers price change compared to its average price change.

About Rogers Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rogers on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rogers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rogers price pattern first instead of the macroeconomic environment surrounding Rogers. By analyzing Rogers's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rogers's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rogers specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield2.58E-40.0020860.0023990.002279
Price To Sales Ratio5.482.312.71.36

Rogers April 18, 2024 Technical Indicators

Most technical analysis of Rogers help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rogers from various momentum indicators to cycle indicators. When you analyze Rogers charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Rogers April 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Rogers stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Rogers is a strong investment it is important to analyze Rogers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rogers' future performance. For an informed investment choice regarding Rogers Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Rogers Stock analysis

When running Rogers' price analysis, check to measure Rogers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers is operating at the current time. Most of Rogers' value examination focuses on studying past and present price action to predict the probability of Rogers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers' price. Additionally, you may evaluate how the addition of Rogers to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Commodity Directory
Find actively traded commodities issued by global exchanges
Is Rogers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Earnings Share
3.03
Revenue Per Share
48.839
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0205
The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers' market value can be influenced by many factors that don't directly affect Rogers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.