| ROKU latest price $54.5700 (-6.05%) ($54.5700 - $54.5700) on Thu. May. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 50 |
Latest Price | $54.5700(-6.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.3% a day on average for past five trading days. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -1.69% in a week (0% probabilities). VXX(-33%) VIXM(-31%) TBT(-21%) UUP(-14%) IGOV(-3%) |
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 | -1.69% (StdDev 3.38%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
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