| ROKU latest price $165.6300 (-0.5%) ($163.7500 - $169.1400) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.19% (three month average) |
RSI | 62 |
Latest Price | $165.6300(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 1.8% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) IBUY(67%) IPO(65%) ONLN(63%) ARKK(61%) SKYY(58%) |
Factors Impacting ROKU price | ROKU will decline at least -2.095% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-11%) TBT(-9%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.095% (StdDev 4.19%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
| |
|
|