| ROKU latest price $83.9700 (3.36%) ($79.5000 - $83.9700) on Mon. Nov. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 78 |
Latest Price | $83.9700(3.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 0.2% a day on average for past five trading days. |
Weekly Trend | ROKU advances 18.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) EWP(63%) ARKK(62%) EWI(56%) IBUY(54%) EWG(49%) |
Factors Impacting ROKU price | ROKU will decline at least -2.35% in a week (0% probabilities). VXX(-32%) TBT(-12%) VIXM(-11%) UUP(-5%) BNDX(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.35% (StdDev 4.7%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|