The bearish DailyPlay we chose for Friday September 18th is Rockwell Automation Inc (ROK). ROK is part of the Industrials Sector (XLI). Over the last month, XLI has experienced a 3.42% move lower as both trends remain bearish and resistance at $52.30.
Rockwell Automation Inc has been in a strong bearish trend since August 2015 as it recently bounced lower off its $108 minor resistance level with negative momentum. With a technical score of 5 (out of 10), ROK looks positioned to continue this strong bearish trend lower towards $98.55.