Rogers $ROG Investment Analysis

October 10, 2023, 03:30 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ROG

• Buy ROG slightly over 121.17 target 149.82 stop loss @ 120.82 Details

The technical summary data tells us to buy ROG near 121.17 with an upside target of 149.82. This data also tells us to set a stop loss @ 120.82 to protect against excessive loss in case the stock begins to move against the trade. 121.17 is the first level of support below 127.19 , and by rule, any test of support is a buy signal. In this case, support 121.17 would be being tested, so a buy signal would exist.

• Short ROG slightly under 149.82, target 121.17, stop loss @ 150.25 Details

The technical summary data is suggesting a short of ROG as it gets near 149.82 with a downside target of 121.17. We should have a stop loss in place at 150.25though. 149.82 is the first level of resistance above 127.19, and by rule, any test of resistance is a short signal. In this case, if resistance 149.82 is being tested, so a short signal would exist.

Swing Trading Plans for ROG

• Buy ROG slightly over 129.71, target 149.82, Stop Loss @ 129.34 Details

If 129.71 begins to break higher, the technical summary data tells us to buy ROG just slightly over 129.71, with an upside target of 149.82. The data also tells us to set a stop loss @ 129.34 in case the stock turns against the trade. 129.71 is the first level of resistance above 127.19, and by rule, any break above resistance is a buy signal. In this case, 129.71, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ROG slightly near 129.71, target 125.43, Stop Loss @ 130.08. Details

The technical summary data is suggesting a short of ROG if it tests 129.71 with a downside target of 125.43. We should have a stop loss in place at 130.08 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 129.71, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ROG

• Buy ROG slightly over 127.72, target 129.71, Stop Loss @ 127.42 Details

If 127.72 begins to break higher, the technical summary data tells us to buy ROG just slightly over 127.72, with an upside target of 129.71. The data also tells us to set a stop loss @ 127.42 in case the stock turns against the trade. 127.72 is the first level of resistance above 127.19, and by rule, any break above resistance is a buy signal. In this case, 127.72, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ROG slightly near 127.72, target 125.43, Stop Loss @ 128.02. Details

The technical summary data is suggesting a short of ROG if it tests 127.72 with a downside target of 125.43. We should have a stop loss in place at 128.02 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 127.72, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Rogers (ROG) available here: ROG.

ROG Ratings for October 10:

Term →	Near	Mid	Long
Rating	Weak	Weak	Neutral
P1	0	0	121.17
P2	127.72	125.43	149.82
P3	129.58	129.71	180.60

AI Generated Signals for ROG

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With an objective approach to Rogers (NYSE: ROG), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ROG change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ROG is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ROG too.  All of these are offered below the Summary Table.