American Stocks Analysis-July 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

American Stocks Analysis

May 29, 2024 5:48 AM

Roblox Corporations stock (RBLX) rose in the intraday levels, with positive signals from the RSI while trading alongside the downward secondary trend line in the short term, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the support of $29.55, provided it settles below the resistance of $33.70.

Trend forecast: Likely Bearish

Previous page： Expert Outlook: Procore Technologies Through The Eyes Of 22 Analysts Next page： Price Over Earnings Overview: Pegasystems

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.

Show More Comments

Related Articles >

Expert Outlook: Procore Technologies Through The Eyes Of 22 Analysts

Feb 7, 2025

22 analysts have expressed a variety of opinions on Procore Technologies ( PCOR ) over the past quarter, offering a diverse set of opinions from bullish to bearish. 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...

Price Over Earnings Overview: Pegasystems

Feb 7, 2025

In the current market session, Pegasystems Inc. ( PEGA ) stock price is at $105.00, after a 0.26% decrease. However, over the past month, the company's stock increased by 11.49%, and in the past year, by 110.33%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the...

These Analysts Raise Their Forecasts On Take-Two Interactive After Better-Than-Expected Earnings

Feb 7, 2025

Take-Two Interactive Software Inc ( TTWO ) reported upbeat third-quarter financial earnings after the market close on Thursday. Take-Two reported third-quarter revenue of $1.37 billion, missing analyst estimates of $1.39 billion, according to Benzinga Pro. The video game publisher reported third-quarter adjusted earnings of 72 cents per share, beating analyst estimates of 57 cents per share. Total net bookings grew...

Roblox Aims For 10% Of Gaming Market As Mobile, Desktop Bookings Grow: Analyst

Feb 7, 2025

Needham analyst Bernie McTernan maintained Roblox Corp ( RBLX ) with a Buy and raised the price target from $60 to $72. On Thursday, Roblox ( RBLX ) stock dropped after it reported fiscal fourth-quarter 2024 bookings growth of 21% to $1.36 billion, missing the analyst estimate of $1.37 billion. The video game developer reported an adjusted EPS loss of 33 cents, beating the consensus loss...