| ROKU latest price $91.1300 (3.45%) ($91.1300 - $91.1300) on Wed. Nov. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 93 |
Latest Price | $91.1300(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROKU advances 2% a day on average for past five trading days. |
Weekly Trend | ROKU advances 18.6% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -2.37% 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 | -2.37% (StdDev 4.74%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|