| ROKU latest price $233.0600 (2.07%) ($233.0600 - $233.0600) on Mon. Jan. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 56 |
Latest Price | $233.0600(2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.4% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2.3% 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(72%) IPO(67%) ONLN(67%) IWO(65%) IWM(61%) |
Factors Impacting ROKU price | ROKU will decline at least -2.2% in a week (0% probabilities). VIXM(-28%) UUP(-15%) TBT(-11%) VXX(-9%) UNG(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.2% (StdDev 4.4%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
| |
|
|