| ROKU latest price $74.0700 (-3.11%) ($74.0700 - $74.0700) on Fri. Jul. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 71 |
Latest Price | $74.0700(-3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 3.2% a day on average for past five trading days. |
Weekly Trend | ROKU advances 8.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) ARKK(72%) IBUY(61%) IDRV(54%) ONLN(53%) VT(53%) |
Factors Impacting ROKU price | ROKU will decline at least -1.695% in a week (0% probabilities). VXX(-35%) VIXM(-32%) TBT(-24%) UUP(-16%) EDOC(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.695% (StdDev 3.39%) |
Hourly BBV | -2.5 () |
Intraday Trend | 0% |
| |
|
|