Trading Signals: ROKU Stock Price Prediction and Forecast

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Fri. Jan. 15, 2021

Trading Signals: ROKU Stock Price Prediction and Forecast (Thu. Sep. 28, 2017 - Fri. Jan. 15, 2021)

(Roku, Inc.)
ROKU latest price $408.7400 (-2.38%) ($408.7400 - $408.7400) on Fri. Jan. 15, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $31.99 (8.75% one month average)
Average Daily Percentage Swing   3.98% (three month average)
Weekly Trend Force   1.7% (StdDev 3.98%)
Daily Moving Force   0.2%
Correction Force   Weak (0%)
Trend   1.84%
Latest Price   $408.7400(-2.38%)
Forecasted Low Price   404.65(-1%)
Forecasted High Price   425.5(4.1%)
Direction of Next Movement   Higher(3.1%)
% Change Needed to Confirm Correction   1% (404.88)
% Change Needed for Trend Reversal   8.2%
Hourly Trend 0% [$413.72(0.15), $412.78(0.49)]
Stocks Behave Similarly   Similar Stock List
Complacency   8
Intraday Reversal Probability   N/A.
Daily Trend   ROKU advances 0.5% a day on average for past five trading days.
Weekly Trend   ROKU advances 10.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support ROKU advance at 0.7% a week (63% probability)
ARKK(68%)    IPO(67%)    ONLN(62%)    IBUY(58%)    SKYY(57%)
Factors Impacting ROKU price   ROKU will decline at least -0.7% in a week (27% probabilities).
VXX(-32%)    ROBT(-27%)    JETS(-27%)    EWP(-25%)    XLU(-23%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 1.6

Relative Volatility 1.8 (options are extremely expensive)

Market Trend Strength   1.7% (StdDev 3.98%)
Hourly BBV -0.4 ()
Intraday Trend 0%

Next Day Open Price   $406.37(-0.58%)
Inflection Point   Yes
Support Level   $365.43
5 Day Moving Average   $410.95(-0.54%)
10 Day Moving Average   $384.85(6.21%)
20 Day Moving Average   $365.43(11.85%)
To recent high   -2.4%
To recent low   101.8%
Market Cap   $50.922b

Option Sentiment

Earning Release Date   Thu. Feb. 25, 2021
Analyst One Year Target Price   $247.72 ($150.00 - $315.00)
  23 analysts (last updated on Tue. Nov. 24, 2020)
% to Average Target Price   -39.39%
% to Low Target Price   -63.3%
% to High Target Price   -22.93%

Roku, Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Player and Platform. The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company's website. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs. Its product categories include advertising, Roku TVs and Streaming Players. The company was founded by Anthony J. Wood in October 2002 and is headquartered in Los Gatos, CA.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. ROKU price fluctuates within 8.75% (three month std-dev: 3.98% one year average std_dev: 0%) daily (68% of days).
$. ROKU price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jan_15_2021	365.43 (0.7%)	384.85 (1.2%)	410.95 (0.5%)	412.78	413.72(0%)	408.74(-2.38%)	408.74-408.74	1.2(1.4)	-0.4	0.2%	1.7%	0%	1.84%	Growing Uptrend	Higher(3.1%)	8	65	2.2	1.6	2.5	Uptrend	428.85(4.92%)	400.69-440.94	3.21	-2.4%-101.8%
2	Jan_14_2021	361.22 (0.8%)	377.37 (1.1%)	408.9 (2%)	412.29	413.57(0%)	418.7(2.51%)	418.7-418.7	1.6(1.8)	4.5	1%	1.9%	0%	1.76%	Growing Uptrend	Higher(2.9%)	7	66	2.2	2	2.5	Growing Uptrend	442.65(5.72%)	407.82-451.33	3.23	0%-106.7%
3	Jan_13_2021	356.15 (0.8%)	369.17 (1%)	400.87 (3.3%)	407.24	411.83(0%)	408.44(-1.63%)	408.44-408.44	1.6(1.8)	4.5	1.3%	1.7%	0%	1.52%	Growing Uptrend	Higher(3.8%)	6	65	2	1.8	1.9	Relative Overbought	418.32(2.42%)	378.35-451.06	3.81	-1.6%-101.6%
4	Jan_12_2021	351.81 (0.7%)	362.05 (0.7%)	387.91 (4.3%)	399.82	411.01(0%)	415.23(2.87%)	415.23-415.23	2.1(2.3)	4.6	3.2%	1.9%	-1.3%	1.14%	Growing Uptrend	Range(-0.9%)	5	67	1.9	2.3	2	Growing Uptrend	429.51(3.44%)	402.23-436.35	4.57	0%-105%
5	Jan_11_2021	347.34 (0.7%)	354.15 (0.5%)	371.88 (4.8%)	381.92	402.64(0%)	403.65(1.29%)	403.65-416.24	2.2(2.4)	2.6	4.1%	1.4%	-2.4%	0.74%	Growing Uptrend	Lower(-3.1%)	4	69	1.7	2.4	1.6	Growing Uptrend	412.49(2.19%)	392.61-417.45	5.54	0%-99.3%

6	Jan_8_2021	343.04 (0.7%)	348.81 (0.2%)	354.71 (3.9%)	363.99	388.63(0%)	398.49(5.26%)	398.49-398.49	2.6(2.8)	2	5.9%	1.3%	-6%	0.4%	Growing Uptrend	Lower(-9.9%)	3	71	1.4	2.5	1	Growing Uptrend	401.72(0.81%)	386.94-405.42	7.96	0%-96.7%
7	Jan_7_2021	338.29 (0.7%)	344.32 (-0%)	341.41 (2.4%)	343.73	361.2(0%)	378.56(10.16%)	378.56-379.39	2.4(2.6)	2.3	4.5%	0.9%	-3.3%	0.2%	Growing Uptrend	Lower(-5%)	4	69	1.1	1.9	0.6	N/A	370.23(-2.2%)	353.64-383.81	7.63	0%-86.9%
8	Jan_6_2021	334.62 (0.7%)	341.48 (-0.1%)	333.37 (0.3%)	332.05	339.35(0%)	343.64(2.56%)	343.64-343.64	0.6(0.6)	1.2	2.1%	-0%	0%	0.12%	N/A	Higher(2.1%)	4	63	1.1	0.4	-0.8	Correction	340.24(-0.99%)	336.25-345.12	7.31	-4.8%-69.6%
9	Jan_5_2021	332.55 (0.7%)	342.51 (0%)	332.54 (-0.4%)	330.72	326.26(0%)	335.06(5.44%)	335.06-335.06	0.2(0.2)	0.4	0.1%	0%	0%	0.22%	Growing Uptrend	Range(0.1%)	4	57	1.2	0.1	-0.3	N/A	335.29(0.07%)	332.7-337.42	4.22	-7.2%-65.4%
10	Jan_4_2021	330.8 (0.7%)	343.24 (0.1%)	333.71 (-2.3%)	331.82	324.74(0%)	317.78(-4.29%)	316.48-317.78	-0.7(-0.8)	-2.3	-2.6%	-0.2%	0%	0.3%	Downtrend Reversal	Range(-0.7%)	4	46	1.4	-0.6	-0.7	Uptrend Consolidation	321.18(1.07%)	321.94-318.89	4.6	-12%-56.9%

11	Dec_31_2020	329.65 (0.7%)	344.85 (0.4%)	341.51 (-1.7%)	337.69	335.19(0%)	332.03(-1.86%)	332.03-332.03	0.1(0.1)	-3.7	-1.4%	0.3%	0%	0.58%	Correction	Range(-0.2%)	6	59	1.6	0.1	1.1	Uptrend Consolidation	332.3(0.08%)	331-336.15	1.93	-8%-66.1%
12	Dec_30_2020	327.35 (0.7%)	344.57 (0.5%)	347.3 (-1%)	343.88	338.91(0%)	338.34(-0.33%)	338.34-338.34	0.4(0.5)	-1.7	-0.9%	0.5%	0%	0.84%	Correction	Range(-0.2%)	6	69	1.8	0.5	0.9	Uptrend	345.24(2.04%)	336.57-348.98	2.82	-6.3%-79.2%
13	Dec_29_2020	324.86 (0.8%)	343.05 (0.7%)	350.71 (-0.9%)	349.54	340.2(0%)	339.47(-0.43%)	339.47-339.47	0.5(0.6)	-1.2	-1.8%	0.5%	0%	1.04%	Confirmed Correction	Range(-1.1%)	6	70	1.9	0.6	1.2	Uptrend	347.58(2.39%)	336.93-352.16	3.37	-6%-80.7%
14	Dec_28_2020	322.62 (0.9%)	341.78 (0.8%)	353.92 (-0%)	353.52	348.86(0%)	340.94(-4.44%)	340.94-340.94	0.7(0.7)	-2	-1.7%	0.5%	0%	1.3%	Confirmed Correction	Range(1%)	7	73	2	0.7	0.8	Uptrend	351.68(3.15%)	337.01-357.99	4.2	-5.5%-83%
15	Dec_24_2020	319.46 (0.9%)	340.93 (0.9%)	353.96 (1.6%)	357.16	358.88(0%)	356.79(-1.16%)	356.79-356.79	1.3(1.4)	2.1	0.7%	1.1%	0%	1.5%	Growing Uptrend	Higher(2.4%)	8	84	2.2	1.5	1	After Top	367.46(2.99%)	334.76-394.24	1.82	-1.2%-100.2%

16	Dec_23_2020	315.5 (0.9%)	337.39 (0.9%)	348.46 (2.1%)	353.25	358.18(0%)	360.96(1.56%)	360.96-360.96	1.6(1.7)	4.6	1.5%	1.6%	0%	1.54%	Growing Uptrend	Higher(3.1%)	8	88	2.2	1.9	1	Overbought	349.63(-3.14%)	325.17-386.31	3.58	0%-102.5%
17	Dec_22_2020	311.04 (0.9%)	331.92 (0.9%)	341.41 (2.1%)	345.16	355.45(0%)	355.4(-0.03%)	355.4-355.4	1.6(1.8)	2.1	2.1%	1.4%	0%	1.52%	Growing Uptrend	Higher(3.5%)	8	89	2.1	1.9	1.2	Relative Overbought	363.93(2.4%)	329.53-392.05	5.06	-0%-99.4%
18	Dec_21_2020	307.02 (1%)	326.98 (0.9%)	334.34 (1.9%)	337.74	348.32(0%)	355.5(4.21%)	355.5-355.5	1.8(2)	2.5	3.1%	1.7%	0%	1.46%	Growing Uptrend	Higher(4.8%)	8	84	2	2.2	0.1	Uptrend	368.05(3.53%)	345.86-377.54	5.99	0%-99.5%
19	Dec_18_2020	302.33 (1.1%)	321.33 (0.9%)	328.17 (0.6%)	328.83	334.87(0%)	341.13(3.59%)	341.13-341.13	1.5(1.7)	1.7	1.6%	1.4%	0%	1.38%	Growing Uptrend	Higher(3%)	8	74	1.7	1.7	1.9	Uptrend	350.44(2.73%)	333.48-357.7	5.95	0%-112.9%
20	Dec_17_2020	298.06 (1.1%)	316.88 (0.9%)	326.23 (0.5%)	324.72	327.17(0%)	329.3(1.09%)	326.52-329.3	1.2(1.4)	0.5	0.7%	1.3%	0%	1.48%	Growing Uptrend	Range(2%)	8	77	1.7	1.3	1.8	Uptrend	339.87(3.21%)	323.67-346.82	13.77	-0.6%-105.5%

21	Dec_16_2020	293.34 (1%)	312.97 (0.8%)	324.68 (1.2%)	325.44	322.78(0%)	325.74(1.79%)	325.74-325.74	1.1(1.3)	2	0.4%	1.4%	0%	1.52%	Growing Uptrend	Range(1.8%)	7	74	2	1.3	2.2	Uptrend	338.64(3.96%)	319.39-346.91	2.57	-1.7%-103.3%
22	Dec_15_2020	288.99 (0.9%)	308.66 (0.8%)	320.78 (0.9%)	324.42	322.26(0%)	320.01(-1.44%)	319.27-320.01	1(1.2)	0.6	-0.4%	1.2%	0%	1.5%	Uptrend	Range(1.5%)	8	75	2.1	1.2	2.3	Uptrend	332.78(3.99%)	314.07-340.8	3.13	-3.4%-99.7%
23	Dec_14_2020	284.73 (0.9%)	305.31 (0.7%)	318.09 (1.6%)	320.85	328.09(0%)	324.69(-2.02%)	324.69-324.69	1.3(1.4)	2.2	1%	1.3%	0%	1.5%	Growing Uptrend	Higher(3.3%)	9	74	2.2	1.6	1.4	After Top	332.42(2.38%)	300.56-358.47	3.82	-2%-105.9%
24	Dec_11_2020	279.94 (0.8%)	302.05 (0.7%)	313.13 (2.3%)	316.31	326.58(0%)	331.4(3.06%)	331.4-331.78	1.6(1.8)	3.4	3.2%	1.9%	0%	1.5%	Growing Uptrend	Higher(5.1%)	9	81	2.3	1.9	1.5	Uptrend	346.28(4.49%)	321.13-357.08	5.14	0%-113.3%
25	Dec_10_2020	274.86 (0.7%)	296.31 (0.7%)	306.2 (2.2%)	308.42	313.61(0%)	321.57(5%)	321.57-321.93	1.5(1.7)	2.9	2.2%	1.6%	0%	1.4%	Growing Uptrend	Higher(3.8%)	9	81	2.3	1.8	1.4	Uptrend	334.66(4.07%)	311.76-344.46	0.19	0%-107%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low