| ROKU latest price $65.1000 (2.36%) ($65.1000 - $65.1800) on Wed. Jun. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 58 |
Latest Price | $65.1000(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.2% a day on average for past five trading days. |
Weekly Trend | ROKU declines -3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) ARKK(72%) IBUY(60%) IDRV(53%) ARKG(52%) ONLN(52%) |
Factors Impacting ROKU price | ROKU will decline at least -1.63% in a week (0% probabilities). VXX(-35%) VIXM(-31%) TBT(-24%) UUP(-16%) UNG(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.63% (StdDev 3.26%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|