| ROKU latest price $62.8600 (3.22%) ($62.8600 - $62.8600) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 75 |
Latest Price | $62.8600(3.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 1.7% a day on average for past five trading days. |
Weekly Trend | ROKU advances 6% a week on average for past two weeks. |
Market Behavior | Value stock 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(57%) IDRV(51%) ONLN(50%) VFMO(50%) IWO(49%) |
Factors Impacting ROKU price | ROKU will decline at least -1.68% in a week (0% probabilities). VXX(-34%) 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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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