Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Roblox Corporation Class A (NYSE:RBLX)
Strong Downtrend (-100) - RBLX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RBLX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RBLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBLX
The long-term trend has been DOWN since Aug 9th, 2023 at 33.7029
The intermediate-term trend has been DOWN since Sep 19th, 2023 at 26.6400
The short-term trend has been DOWN since Sep 13th, 2023 at 28.3800
Smart Scan Analysis for RBLX
Based on our trend formula, RBLX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||47.6697||52wk High Date||2022-10-26|
|52wk Low||25.15||52wk Low Date||2023-09-21|
|Average Volume||10,216,870||Shares Outstanding||616,770|