| ROKU latest price $128.4600 (10.42%) ($116.3500 - $129.4400) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 71 |
Latest Price | $128.4600(10.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.8% a day on average for past five trading days. |
Weekly Trend | ROKU advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) IBUY(67%) IPO(65%) ONLN(63%) ARKK(60%) SKYY(57%) |
Factors Impacting ROKU price | ROKU will decline at least -2.435% in a week (0% probabilities). VIXM(-23%) UUP(-15%) VXX(-11%) TBT(-9%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.435% (StdDev 4.87%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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