| ROKU latest price $84.6550 (8.78%) ($84.6550 - $84.6550) on Fri. Nov. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 66 |
Latest Price | $84.6550(8.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 9.2% a day on average for past five trading days. |
Weekly Trend | ROKU advances 4.1% 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(71%) DRIV(58%) EWI(58%) IBUY(58%) VT(57%) |
Factors Impacting ROKU price | ROKU will decline at least -2.385% in a week (0% probabilities). VXX(-34%) TBT(-27%) VIXM(-25%) UUP(-10%) GLD(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.385% (StdDev 4.77%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
| |
|
|