Rogers Corp (ROG +$0.60 or +0.36% to $167.58) is consolidating above its 50-day moving average (DMA) line ($163.44) which defines important near-term support to watch. It encountered distributional pressure and stalled after recently rallying into new high territory.

It was highlighted in yellow with pivot point cited based on its 11/22/17 high plus 10 cents in the 12/29/17 mid-day report (read here). On the next session volume-driven gains above the pivot point triggered a technical buy signal from a riskier "late stage" base.

ROG was last shown in the 12/29/17 mid-day report with an annotated graph under the headline, "Hovering Near Prior High After 3rd Strong Quarterly Earnings". Recently the Chemicals - Plastics firm reported earnings +45% on +25% sales revenues for the Sep '17 quarter, its 3rd strong quarterly comparison above the +25% minimum guideline, helping it better match with the fact-based investment system's fundamental guidelines (C criteria). Annual earnings (A criteria) history has been good after a downturn in FY '12.

The number of high ranked funds owning its shares rose from 342 in Dec '16 to 415 in Dec '17. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a small supply of only 18.2 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Rogers Corp (ROG +$3.94 or +2.49% to $161.92 ) was highlighted in yellow with pivot point cited based on its 11/22/17 high plus 10 cents. Hovering within striking distance of its all-time high, finding support above its 50 DMA line. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal from a riskier ""late stage" base.

Recently the Chemicals - Plastics firm reported earnings +45% on +25% sales revenues for the Sep '17 quarter, its 3rd strong quarterly comparison above the +25% minimum guideline, helping it better match with the fact-based investment system's fundamental guidelines (C criteria). Annual earnings (A criteria) history has been good after a downturn in FY '12.

The number of high ranked funds owning its shares rose from 342 in Dec '16 to 406 in Sep '17. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a small supply of only 18.2 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Stalled After Recent Technical Breakout - Tuesday, January 30, 2018

Hovering Near Prior High After 3rd Strong Quarterly Earnings - Friday, December 29, 2017