| ROKU latest price $71.7500 (-2.61%) ($70.4500 - $72.8400) on Thu. Jun. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 77 |
Latest Price | $71.7500(-2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 1.1% a day on average for past five trading days. |
Weekly Trend | ROKU advances 12.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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%) IWO(50%) |
Factors Impacting ROKU price | ROKU will decline at least -1.75% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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