| ROKU latest price $65.6100 (2.36%) ($65.6100 - $65.6100) on Fri. Mar. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 68 |
Latest Price | $65.6100(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 1% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2.7% 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(58%) XLY(52%) ONLN(51%) IDRV(50%) IWM(49%) |
Factors Impacting ROKU price | ROKU will decline at least -2.145% in a week (0% probabilities). VIXM(-31%) EDOC(-20%) TBT(-13%) UUP(-11%) VXX(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.145% (StdDev 4.29%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|