Roper(ROP)

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

Auto-detected technical analysis for ROP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$336.71last close · Jul 22, 202652-week range $305.96$566.24 · 40.54% below the high

ROP Falling Wedge Pattern

ROP is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $378.33 (+5.6%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; ROP's own falling wedges have hit 61.5%.

DirectionBullishTarget$378.33Projected move+5.6%Breakout level$358.81

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 Oct 6, 2025 near $504.43, then was stopped out at $479.96 on Oct 23, 2025 — a 4.9% move (-2.72R) over 13 sessions. Across 121 backtested falling wedges, this setup wins 52.1% of the time.

OutcomeLossResult-4.9%R-2.72REntry$504.43Exit$479.96

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
ROP win rate
61.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), 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 WedgeOct 6, 2025 @ $504.43Oct 23, 2025 @ $479.96Loss+6.6% · -2.72R
Falling WedgeSep 10, 2025 @ $516.13Oct 23, 2025 @ $486.66Win+6.1% · +1.02R
Rising WedgeMay 28, 2025 @ $568.98Aug 11, 2025 @ $529.36Win+8.3% · +2.63R
TriangleDec 12, 2024 @ $547.76Dec 30, 2024 @ $517.30Win+6.2% · +0.94R
Rising WedgeDec 5, 2024 @ $551.45Dec 20, 2024 @ $520.21Win+6.4% · +1.09R
Falling WedgeNov 5, 2024 @ $545.32Nov 15, 2024 @ $548.23Win+5.2% · +0.24R
Rising WedgeJun 7, 2024 @ $554.50Aug 5, 2024 @ $517.53Loss+6.8% · -1.22R
TriangleApr 5, 2024 @ $536.95Apr 29, 2024 @ $513.51Win+4.9% · +0.84R
Rising WedgeMar 5, 2024 @ $543.99Mar 28, 2024 @ $560.84Loss+4.0% · -1.05R
TriangleJun 23, 2023 @ $464.40Jul 17, 2023 @ $476.53Win+4.5% · +1.23R
Falling WedgeMar 17, 2023 @ $432.06May 17, 2023 @ $454.43Win+7.6% · +1.46R
TriangleJan 30, 2023 @ $429.99Apr 27, 2023 @ $452.98Loss+6.6% · -1.21R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

ROP Support and Resistance Levels

Price found a floor near $316.97 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $1,352.31 — still about 302% away.

  • Traders commonly watch $1,352.31 as a target (its 361.8% 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 $316.97 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

ROP Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$350.69$352.07$335.50$336.71
Jul 21, 2026$356.36$360.99$350.62$350.69
Jul 20, 2026$360.76$366.65$355.00$362.84
Jul 17, 2026$363.84$369.07$358.75$363.14
Jul 16, 2026$352.25$364.99$350.71$364.21
Jul 15, 2026$347.90$355.02$347.39$348.51
Jul 14, 2026$353.34$354.98$346.48$346.65
Jul 13, 2026$358.84$363.39$358.20$360.59
Jul 10, 2026$358.22$361.05$354.92$355.90
Jul 9, 2026$348.91$356.78$347.00$355.94

ROP Frequently Asked Questions

What chart pattern is ROP forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Roper (ROP) on the daily chart, with a measured-move target of $378.33.
Is a falling wedge bullish or bearish?
The falling wedge detected on ROP is a bullish pattern, projecting a measured-move target of $378.33. 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 (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if ROP's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $378.33 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ROP's closing price on Jul 22, 2026?
Roper (ROP) last closed at $336.71 on Jul 22, 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.