Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Rollins price closed at $36.62 with a loss of 1.9% during the last intraday trading session.</a> </li> 
 <li> <span>2</span> <a>ROL stock price is down roughly 3.60% in the last two trading days.</a> </li> 
 <li> <span>3</span> <a>The year-to-date return of Rollins is 0.03%, while the one-month return is -8.08%.</a> </li> 
</ul> 
<p>Rollins (ROL) stock price entered an uptrend during mid-February, rising from the support level of $34.50. The stock price surged approximately 30.40%, forming an annual high of $45.04. The bullish move was halted after the second-quarter earnings report was released.&nbsp;</p> 
<p>Rollins released its second-quarter earnings report on 26 July 2023. The company did not beat the consensus estimate of earnings per share. ROL reported an EPS of $0.22, while the estimate was $0.235.&nbsp;</p> 
<p>Since then, ROL stock price witnessed a significant downfall. The stock price retraced and recently formed minor support at $34.80. After the support formation, the ROL stock price surged and faced rejection as the price rose to $40.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="590" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-1024x590.png" alt="Rollins (ROL) Stock: ROL Stock Price Dips; Good Time to Buy?" class="wp-image-173172" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-1024x590.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-300x173.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-768x443.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-750x432.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45-1140x657.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-45.png 1469w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: ROL Stock Price By <a href="https://www.tradingview.com/x/3oO1rJTS/" rel="noopener noreferrer nofollow">TradingView</a>. 
  </figcaption> 
 </figure> 
</div> 
<p>Rollins stock price has been printing bearish candles for the last two days. If the bearish momentum prevails, the stock price might melt toward the recent support of $34.80. The market structure shows a strong dominance of bears over the price.&nbsp;</p> 
<p>On the other hand, if the Rollins’ stock price rises above $38.80, it may head toward the next resistance level of $40.20.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-q3-report-of-rollins-to-be-released-soon-strong"><strong>Q3 Report of Rollins to be Released Soon</strong></h2> 
<p>The third quarter report of <a href="https://www.thecoinrepublic.com/2023/08/17/will-rollins-inc-rol-stock-manage-the-gains-near-40/" target="_blank" rel="noopener noreferrer nofollow">Rollins</a> is slated to be released on 25 October. The consensus has estimated the revenue to be $827.36 Million, and the earnings per share is estimated to be $0.249.&nbsp;</p> 
<p>The demand environment for the leading pest and termite control services provider stays in good shape with vigorous construction activity acting as a catalyst. Revenues increased 14.9% year-over-year in Q2 of 2023, with all of its residential, commercial, and termite business lines showing growth.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-will-rol-stock-price-fall-to-34-80-strong"><strong>Will ROL Stock Price Fall to $34.80?</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="590" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-1024x590.png" alt="Rollins (ROL) Stock: ROL Stock Price Dips; Good Time to Buy?" class="wp-image-173171" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-1024x590.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-300x173.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-768x443.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-750x432.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44-1140x657.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-44.png 1469w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: ROL Stock Price By <a href="https://www.tradingview.com/x/CxIf4syz/" rel="noopener noreferrer nofollow">TradingView</a>. 
  </figcaption> 
 </figure> 
</div> 
<p>The <a href="https://www.thecoinrepublic.com/2023/08/17/will-rollins-inc-rol-stock-manage-the-gains-near-40/" rel="noopener noreferrer nofollow">stock price</a> has plunged below 20, 50, 100, and 200-day exponential moving averages, indicating bearish momentum. The 20-day EMA has been acting as a resistance to the stock price.&nbsp;</p> 
<p>The Chaikin money flow score has dropped below the 0 mark. Currently, it stands at -0.02, suggesting weakness and capital outflow from the market.&nbsp;</p> 
<p>The relative strength index has also melted below the 40 mark. It stands at 37.30, nearing the oversold zone, implying strong participation of bears in the market. The Bollinger bands have slightly contracted, indicating a decrease in volatility.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong>&nbsp;</h4> 
<p>Rollins’ market structure and price action are bearish after the stock price faced rejection from $38.80. Technical parameters favor the selling side and if bearish momentum prevails, the stock price may slip to $34.80.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Major support: $34.50 and $33.60</p> 
<p>Major resistance: $38.80 and $40.20</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Rollins (ROL) Stock: ROL Stock Price Dips; Good Time to Buy?

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