Stocks This Week: Buy Rockwell Automation

The overall market is expected to move higher through December. Rockwell AutomationROK
has risen 74% of the time in this month. The short-term is also attractive. The shares have been up by a little over 80% of the time in the coming week. This is the highest percentage for any stock in the S&P 500. This seasonal strength is supported by sound technical readings. Weekly, relative strength has been rising since May and there are a series of higher momentum lows. Monthly momentum is at a low and has turned up.

The share price is due to challenge $280 later in the month.

Rockwell Automation Monthly Histogram Of Expected Return

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Rockwell Automation Daily Graph