| ROKU latest price $96.2550 (7.95%) ($96.2550 - $96.2550) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 71 |
Latest Price | $96.2550(7.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 6.6% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal 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%) VFMO(52%) VT(52%) |
Factors Impacting ROKU price | ROKU will decline at least -2.6% in a week (0% probabilities). VXX(-36%) VIXM(-32%) TBT(-23%) UUP(-15%) EDOC(-6%) |
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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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