| ROKU latest price $384.7500 (2.58%) ($384.7500 - $384.7500) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Trend Pattern | Growing Uptrend |
Trend Narrative | Uptrend |
Average Daily Price Swing | $26.43 (7.62% one month average) |
Average Daily Percentage Swing | 3.99% (three month average) |
Weekly Trend Force | 1.2% (StdDev 3.99%) |
Daily Moving Force | 0.1% |
Correction Force | Weak (0%) |
Hourly Trend Strength | 0.55% |
Trend | 1.48% |
Trend Strength | 5.4% |
Trend Clarity | 0.16(1.2/26.43/347.06) |
RSI | 74 |
Momentum | 1.9 |
Latest Price | $384.7500(2.58%) |
Forecasted Low Price | 380.9(-1%) |
Forecasted High Price | 393.6(2.3%) |
Direction of Next Movement | Higher(2.1%) |
% Change Needed to Confirm Correction | 3.3% (372.46) |
% Change Needed for Trend Reversal | 7.2% |
Hourly Trend | -0.6% [$379.72(-2.11), $380(2.72)] |
Stocks Behave Similarly | Similar Stock List |
Complacency | 9 |
Intraday Reversal Probability | There's a high probability the price will reverse sharply to downside intraday or next day.. |
Daily Trend | ROKU advances 0.7% a day on average for past five trading days. |
Weekly Trend | ROKU advances 9.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 1.1% a week (83% probability) VCIT(86%) VCSH(86%) BWX(82%) ROBT(81%) IPO(79%) |
Factors Impacting ROKU price | ROKU will decline at least -0.3% in a week (59% probabilities). XLF(-64%) IFRA(-59%) VYM(-57%) PAVE(-57%) VIXM(-55%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
Trading Plan | Not Available |
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Valuation to SPY | 1.1 |
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Relative Volatility | -0 (options are faily valued) |
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Market Trend Strength | 2% (StdDev 3.99%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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