Roblox Stock Rises 3.93% Extending Five Day Rally To 6.63%

Roblox (RBLX) advanced 3.93% in the most recent session, marking its fifth consecutive daily gain with a 6.63% cumulative increase over this period. This bullish momentum positions the stock at $133.28, prompting a comprehensive technical assessment of its trajectory.
Candlestick Theory
The current five-day bullish sequence resembles a "rising window" pattern, with each session closing higher than its open. This sustained upward momentum is testing the key resistance zone between $137.43 (October 14 high) and $141.56 (September 29 close). Support emerges near $124.96 (recent swing low) and $120.56 (October 3 trough). The long upper wick on October 14 ($137.43 high vs. $133.28 close) suggests profit-taking near resistance, warranting vigilance for reversal patterns.
Moving Average Theory
The 50-day moving average ($124.32) maintains an upward slope above the rising 100-day ($117.80) and 200-day ($95.70) averages, confirming a bullish major trend. Price trading 7.2% above the 50-day MA signals near-term strength. The consistent alignment of shorter averages above longer ones creates dynamic support, though extended deviations historically prompted mean-reversion pullbacks.
MACD & KDJ Indicators
MACD (12,26,9) shows a bullish crossover with the histogram expanding positively, reinforcing upward momentum. However, KDJ registers overbought conditions (K:86, D:82, J:94) with a bearish divergence as price made higher highs while stochastic peaks declined. This conflicting signal suggests potential near-term consolidation despite the prevailing uptrend, as momentum indicators reflect stretched valuations.
Bollinger Bands
Bands expanded sharply during the 6.63% five-day rally, reflecting heightened volatility after the October 3 contraction. Price currently rides the upper band ($132.80), typically signaling overbought territory. Historical precedent suggests that such band expansion phases often precede consolidation, though the absence of reversal candles tempers bearish expectations.
Volume-Price Relationship
Volume surged 91% to 8.54 million shares during the October 14 rally, confirming buyer conviction. This contrasts with the October 3 sell-off (15.1 million shares) where high volume confirmed breakdowns. Accumulation/distribution metrics support the uptrend, though volume tapered during the last two advances, introducing sustainability concerns if participation diminishes.
Relative Strength Index (RSI)
The 14-day RSI (68) approaches overbought territory but hasn't breached the 70 threshold. This positioning indicates strong momentum without extreme overextension. Notably, RSI divergence is absent versus price highs, maintaining the bullish structure. However, traders should monitor for overbought readings coinciding with resistance tests.
Fibonacci Retracement
Using the swing low of $39.93 (October 18, 2024) and the all-time high of $150.59 (July 31, 2025), key retracement levels include the 38.2% ($81.36) and 61.8% ($109.16) thresholds. Current price sits between the 76.4% ($128.50) and 100% ($150.59) retracement zones, having reclaimed the 76.4% level decisively. This reinforces $128.50 as critical support, with the ATH representing the next major psychological barrier.
Confluence & Divergence Notes
Confluence appears at $128.50 (Fibonacci 76.4%, 50-day MA, and swing-high resistance-turned-support), creating a robust floor. Bullish consensus emerges from volume confirmation, moving average alignment, and MACD momentum. However, the KDJ divergence and Bollinger Band extension indicate nascent overbought risks. The most significant divergence exists between price making higher highs and KDJ registering lower peaks—a cautionary signal requiring monitoring for bearish confirmation. Overall technical structure remains constructive above $128.50 support, though indicators suggest consolidation likelihood before further upside potential.