| ROKU latest price $86.1000 (2.87%) ($86.1000 - $86.1000) on Wed. Sep. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 59 |
Latest Price | $86.1000(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 1.5% a day on average for past five trading days. |
Weekly Trend | ROKU advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) ARKK(73%) IBUY(59%) IPO(57%) BOTZ(56%) PEJ(54%) |
Factors Impacting ROKU price | ROKU will decline at least -2.6% in a week (0% probabilities). VXX(-32%) VIXM(-29%) TBT(-23%) UUP(-16%) GLD(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.6% (StdDev 5.2%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
| |
|
|