Rollins Inc (ROL): Price Now Near $37.09; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for ROL

At the moment, ROL (Get Ratings)’s price is up $0.13 (0.35%) from the hour prior. This is the 2nd hour in a row ROL has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

ROL ranks 271st in terms of today’s price percentage change out of Business Services stocks.

ROL’s Technical Outlook on the Daily Chart

Currently, ROL’s price is up $0.13 (0.35%) from the day prior. This move is a reversal from the day prior, which saw price move down. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows ROL’s price action over the past 90 days.

ROL

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market