Roper (ROP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ROP · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$392.76last close · Aug 4, 202652-week range $305.96 – $549.24 · 28.49% below the high

ROP Falling Wedge Pattern

ROP is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $536.46 (+6.6%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; ROP's own falling wedges have hit 54.5%.

DirectionBullishTarget$536.46Projected move+6.6%Breakout level$502.34

New to this pattern? What a falling wedge is and how to trade it →

ROP's Most Recent Falling Wedge Trade

ROP's most recent completed falling wedge resolved as a loss: it broke higher on Apr 16, 2026 near $362.58, then was stopped out at $353.40 on Apr 24, 2026 — a -0.45R move (2.5%) over 6 sessions. Across 165 backtested falling wedges, this setup wins 48.5% of the time.

OutcomeLossResult-0.45REntry$362.58Exit$353.40

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
ROP win rate
54.5%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

ROP Pattern Trade History

Every completed pattern trade our nightly backtest found on ROP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 16, 2026 @ $362.58Apr 24, 2026 @ $353.40Loss-0.45R
Falling WedgeOct 6, 2025 @ $504.43Oct 23, 2025 @ $479.96Loss-2.72R
Falling WedgeSep 10, 2025 @ $516.13Oct 23, 2025 @ $486.66Win+1.02R
Rising WedgeMay 28, 2025 @ $568.98Aug 11, 2025 @ $527.69Win+2.74R
Rising WedgeMar 10, 2025 @ $578.23Mar 12, 2025 @ $559.91Win+1.08R
TriangleDec 12, 2024 @ $547.76Dec 30, 2024 @ $516.81Win+0.96R
Falling WedgeNov 5, 2024 @ $545.32Nov 15, 2024 @ $548.23Win+0.24R
Rising WedgeJun 7, 2024 @ $554.50Aug 5, 2024 @ $517.53Loss-1.22R
TriangleApr 5, 2024 @ $536.95Apr 29, 2024 @ $513.04Win+0.85R
TriangleApr 2, 2024 @ $551.86Apr 15, 2024 @ $531.87Win+1.52R
TriangleMar 21, 2024 @ $558.19Apr 4, 2024 @ $537.28Loss-1.31R
Rising WedgeMar 5, 2024 @ $543.99Mar 28, 2024 @ $560.84Loss-1.05R

ROP Support and Resistance Levels

Price found a floor near $314.31 about 3 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $1,063.10 — still about 171% away.

  • Traders commonly watch $1,063.10 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $314.31 floor about 3 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $305.06, resistance near $1,079.81. These are chart/swing-derived levels, not formula pivots.

Resistance
$1,079.81
Support
$305.06

ROP Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$391.98$393.20$386.23$392.76
Aug 3, 2026$400.97$403.71$388.34$392.57
Jul 31, 2026$385.08$393.64$381.28$391.97
Jul 30, 2026$397.66$398.29$381.71$389.25
Jul 29, 2026$392.74$410.26$390.93$408.07
Jul 28, 2026$385.00$401.24$384.94$390.92
Jul 27, 2026$369.41$380.81$367.51$375.02
Jul 24, 2026$362.47$371.28$359.42$367.34
Jul 23, 2026$365.74$369.15$354.17$355.12
Jul 22, 2026$350.69$352.07$335.50$336.71

ROP Frequently Asked Questions

What chart pattern is ROP forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Roper (ROP) on the daily chart, with a measured-move target of $536.46.
Is a falling wedge bullish or bearish?
The falling wedge detected on ROP is a bullish pattern, projecting a measured-move target of $536.46. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for ROP?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ROP's nearest support is around $305.06 and nearest resistance around $1,079.81.
What is the price target if ROP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $536.46 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ROP's closing price on Aug 4, 2026?
Roper (ROP) last closed at $392.76 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.