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Roper Technologi Crosses Above its 10-day MA (ROP)

By Shiri Gupta

Today, shares of Roper Technologi (NYSE:ROP) have crossed bullishly above their 10-day moving average of $364.28 on a volume of 115K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Roper Technologi share prices have been bracketed by a low of $245.59 and a high of $369.95 and are now at $368.60, 50% above that low price. The 200-day and 50-day moving averages have moved 0.32% higher and 0.29% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Roper Technologi on January 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $272.97. Since that recommendation, shares of Roper Technologi have risen 32.6%. We continue to monitor ROP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses roper technologi

Ticker(s): ROP