| ROKU latest price $89.1700 (30.82%) ($89.1700 - $89.3800) on Fri. Jul. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 74 |
Latest Price | $89.1700(30.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 4.4% a day on average for past five trading days. |
Weekly Trend | ROKU advances 0.1% 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(60%) IDRV(53%) IPO(52%) VFMO(52%) |
Factors Impacting ROKU price | ROKU will decline at least -2.56% in a week (0% probabilities). VXX(-36%) VIXM(-32%) TBT(-23%) 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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|