| ROKU latest price $56.3900 (7.08%) ($56.3900 - $56.4900) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 52 |
Latest Price | $56.3900(7.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.9% a day on average for past five trading days. |
Weekly Trend | ROKU declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) IBUY(56%) IDRV(51%) ONLN(50%) IWO(49%) VFMO(49%) |
Factors Impacting ROKU price | ROKU will decline at least -1.695% in a week (0% probabilities). VXX(-33%) VIXM(-31%) TBT(-21%) UUP(-14%) EDOC(-6%) |
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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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