| ROKU latest price $75.3900 (11.38%) ($75.3900 - $75.3900) on Tue. Jul. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 59 |
Latest Price | $75.3900(11.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 3.1% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) ARKK(72%) IBUY(61%) IDRV(53%) ONLN(53%) VT(53%) |
Factors Impacting ROKU price | ROKU will decline at least -1.75% in a week (0% probabilities). VXX(-35%) VIXM(-32%) TBT(-24%) UUP(-16%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.75% (StdDev 3.5%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|