| ROKU latest price $71.6600 (3.17%) ($71.6600 - $71.6600) on Mon. Jun. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.47% (three month average) |
RSI | 80 |
Latest Price | $71.6600(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 3.3% a day on average for past five trading days. |
Weekly Trend | ROKU advances 10.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) IBUY(59%) IDRV(51%) ONLN(51%) VFMO(51%) VT(50%) |
Factors Impacting ROKU price | ROKU will decline at least -1.735% in a week (0% probabilities). VXX(-34%) VIXM(-31%) TBT(-21%) UUP(-15%) BNDX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.735% (StdDev 3.47%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|