financetom
Technology
financetom
/
Technology
/
Roblox price suffers from negative technical pattern - Forecast today - 04-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Roblox price suffers from negative technical pattern - Forecast today - 04-04-2024
Apr 4, 2024 7:56 AM

Roblox Corporations stock (RBLX) fell in the intraday levels, while hurt by a negative pattern that formed in the short term, the Double Top pattern, as it also suffers negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels.

Therefore we expect more losses for the stock, targeting the support of $32.52, provided it settles below the resistance of $37.76.

Trend forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
11 Analysts Assess Analog Devices: What You Need To Know
11 Analysts Assess Analog Devices: What You Need To Know
Mar 4, 2024
Analog Devices ( ADI ) has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3...
Assessing Texas Instruments: Insights From 17 Financial Analysts
Assessing Texas Instruments: Insights From 17 Financial Analysts
Mar 4, 2024
17 analysts have shared their evaluations of Texas Instruments ( TXN ) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Navigating 5 Analyst Ratings For Pegasystems
Navigating 5 Analyst Ratings For Pegasystems
Mar 4, 2024
During the last three months, 5 analysts shared their evaluations of Pegasystems ( PEGA ) , revealing diverse outlooks from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0...
What 4 Analyst Ratings Have To Say About Marathon Digital Holdings
What 4 Analyst Ratings Have To Say About Marathon Digital Holdings
Mar 4, 2024
4 analysts have expressed a variety of opinions on Marathon Digital Holdings ( MARA ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Copyright 2023-2026 - www.financetom.com All Rights Reserved