Roper Technologies | ROP | Long at $350.00Technical Analysis
The price for Roper Technologies entered my "crash" simple moving average zone (green lines). This is often an area of support for algorithm traders. However, there are two open price gas all the way down near $317 that may get closed before a true move up. This gap closing aligns with my "major crash" simple moving average zone (gray lines). The major crash simple moving average zone represents the "best" buying zone for the bulls, but for building a position, my personal choice is to use both as entry zones.
Health
Debt-to-equity: 0.5x (healthy)
Quick ratio / short-term debt: 0.53 (some risk)
Altman's Z Score / bankruptcy risk: 3.3 (low risk)
Insiders
Lots of selling (like most tech), but there was some buying a few months ago: openinsider.com
Growth
Continued EPS and revenue growth into 2028 (as of this write-up). Today's drop was linked to weakness in 2026, but I suspect this is an overreaction - especially if the price drops down to $317 this year.
Action
On paper, this S&P 500 company is still very healthy and growth is projected through 2028. Is the 2026 weakness predictive of more downside to come? Time will tell. While I do think there is a chance of the price dipping to $317, especially if there is a slight market pullback soon, I'm not positive. So, with that info, I am creating a starter position at $350 and adding more if the price drops further to close the remaining open price gaps down near $317.
Targets into 2028
$406.00 (+16.0%)
$500.00 (+42.9%)
