Open buy signal · week 3
Roblox drops 8% but finds a double bottom near 44
Open buy signal · week 3
Our view last week
Roblox stock slides 6.6% in a week marked by rejection candles and a collapse in buyer dominance, but the price finds support right on its 50-day moving average and bounces 2% off it. Compared with last week's near-flat close, the picture has turned more nervous, yet the buy signal holds: our technical analysis confirms it with a very high signal strength, at 81 out of 100.
This week's summary
Our technical analysis on Roblox stock points to an 8% weekly drop marked by rejection candles and collapsing buyer dominance, but a double bottom forms in the 44 area with a 22% intermediate rebound. Last week the buy signal held despite a 6.6% drop; this week the picture stays jittery, CMF tries to turn positive, and the signal keeps holding.
IQS Phase
32
ordinary
Signal Strength
86
high · wide & volatile
Sizing
FULL
Ranking
#16 / 124
US stocks in progress
Trade P&L %
-14.19%
from signal to today
Rank position
ranks 16th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 86 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
RBLX belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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