| ROKU latest price $172.8650 (7.4%) ($161.5000 - $177.5400) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 68 |
Latest Price | $172.8650(7.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 3.3% a day on average for past five trading days. |
Weekly Trend | ROKU advances 4% 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(66%) ONLN(63%) ARKK(61%) SKYY(58%) |
Factors Impacting ROKU price | ROKU will decline at least -2.035% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.035% (StdDev 4.07%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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