| ROKU latest price $97.4850 (1.28%) ($97.4850 - $97.4850) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.16% (three month average) |
RSI | 71 |
Latest Price | $97.4850(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 6.8% a day on average for past five trading days. |
Weekly Trend | ROKU advances 6.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off 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 -2.58% 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 | -2.58% (StdDev 5.16%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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