Trading Signals: ROKU Stock Price Prediction and Forecast

^ ROKU: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Thu. Apr. 15, 2021

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

(Roku, Inc.)
ROKU latest price $384.7500 (2.58%) ($384.7500 - $384.7500) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

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

Valuation to SPY 1.1

Relative Volatility -0 (options are faily valued)

Market Trend Strength   2% (StdDev 3.99%)
Hourly BBV 0.8 ()
Intraday Trend 0%

Next Hour Price   $391.06(1.64%)
Support Level   $347.06
5 Day Moving Average   $378.81(1.57%)
10 Day Moving Average   $365.77(5.19%)
20 Day Moving Average   $347.06(10.86%)
To recent high   -18%
To recent low   27.1%
Market Cap   $47.934b

Option Sentiment

Earning Release Date   Thu. May. 6, 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   -35.62%
% to Low Target Price   -61.01%
% to High Target Price   -18.13%

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 7.62% (three month std-dev: 3.99% 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	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Apr_15_2021	347.06 (0.4%)	365.77 (2%)	378.81 (0.7%)	380	379.72(0%)	384.75(2.58%)	384.75-384.75	1.4(1.4)	0.8	0.1%	1.2%	0%	0.55%	1.48%	5.4%	74	1.9	Growing Uptrend	Range(1.3%)	9	1.1	-0.8	Uptrend	396.91(3.16%)	377.42-405.26	1.77	-18%-27.1%
2	Apr_14_2021	345.89 (0.4%)	360.25 (2%)	376.34 (0.8%)	377.28	381.83(0%)	375.06(-3.52%)	373.61-375.06	1.4(1.1)	-0.4	0.4%	1.3%	0%	1.32%	1.5%	4.2%	72	1.8	Uptrend Dip	Higher(3.5%)	10	0.9	-0.5	Uptrend Dip	403.75(7.65%)	364.03-413.68	3.21	-20.1%-23.9%
3	Apr_13_2021	344.62 (0.2%)	354.19 (1.8%)	373.4 (1.5%)	376.71	380.27(0%)	388.75(4.62%)	388.75-389.59	1.4(1.8)	2.2	1.9%	1.8%	0%	0.81%	1.34%	2.8%	63	1.8	Growing Uptrend	Higher(3.7%)	9	1.5	-0.8	Growing Uptrend	401.5(3.28%)	380.42-406.79	2.98	-17.2%-28.4%
4	Apr_12_2021	342.92 (0.2%)	345.65 (1.4%)	367.81 (2.5%)	369.56	372.73(0%)	371.58(-0.62%)	371.58-371.58	1.2(1.3)	0.2	0.6%	1.4%	0%	-0.22%	1.02%	0.8%	53	1.7	Growing Uptrend	Higher(2.3%)	8	0.8	-0.8	Growing Uptrend	381.58(2.69%)	367.26-385.16	2.14	-20.8%-22.8%
5	Apr_9_2021	342.09 (0.2%)	339.08 (0.8%)	358.96 (2.4%)	367	373.15(0%)	373.89(0.4%)	373.89-373.89	1(1.4)	1	2.3%	1.3%	0%	1.14%	0.64%	-0.9%	58	1.7	Growing Uptrend	Higher(3.6%)	7	0.8	-1.2	Uptrend	378.19(1.15%)	368.43-382.38	2.72	-20.3%-23.5%

6	Apr_8_2021	341.26 (0%)	333.2 (0.4%)	350.58 (2.6%)	355.37	366.39(0%)	372.41(3.34%)	372.41-372.41	0.6(1.4)	1	2.1%	1.3%	0%	2.07%	0.3%	-2.4%	58	1.6	Growing Uptrend	Higher(3.4%)	6	0.9	-1.4	N/A	369.13(-0.88%)	356.54-379.47	5.25	-20.6%-23%
7	Apr_7_2021	340.22 (-0.2%)	327.43 (-0.2%)	341.77 (2.9%)	345.26	360.85(0%)	360.36(-0.12%)	360.36-360.36	0.2(1)	0.9	3.5%	0.5%	0%	3.65%	-0.16%	-3.8%	46	1.5	Uptrend Reversal	Higher(4.1%)	5	0.4	-1.7	Range Bound	357.41(-0.82%)	353.79-360.36	4.93	-23.2%-19.1%
8	Apr_6_2021	339.99 (-0.4%)	325.11 (-0.6%)	332.04 (3.6%)	337.27	344.35(0%)	360.79(10.21%)	360.79-362.99	-0.3(1)	1.9	3.9%	0.4%	0%	1.6%	-0.5%	-4.4%	51	1.5	Uptrend Reversal	Higher(4.3%)	5	0.5	-1.9	Downtrend Consolidation	357.51(-0.91%)	354.21-358.6	6.7	-23.1%-19.2%
9	Apr_5_2021	338.31 (-0.8%)	323.88 (-1%)	320.43 (1.4%)	324.86	329.67(0%)	327.36(-1.39%)	327.36-327.36	-0.8(-0.5)	-0.1	0.8%	-0.5%	0%	0.7%	-0.92%	-4.3%	38	1.5	Downtrend Consolidation	Range(1%)	4	-1.1	-2	Downtrend	322.45(-1.5%)	319.5-329.33	2.42	-30.2%-8.1%
10	Apr_1_2021	339.57 (-1%)	325.45 (-1.2%)	316.04 (0.9%)	318.69	330.18(0%)	331.97(1.09%)	331.97-331.97	-1.1(-0.4)	1	2.3%	-0.3%	0%	3.22%	-1.12%	-4.2%	40	1.5	Confirmed Rebound	Range(2%)	3	-0.9	-2.3	Downtrend	325.5(-1.95%)	322.08-333.45	3.37	-29.3%-9.7%

11	Mar_31_2021	340.87 (-1%)	326.41 (-1.4%)	313.14 (0.7%)	312.06	320.05(0%)	328.39(5.35%)	328.39-328.39	-1.4(-0.6)	1.6	2.4%	-0.9%	0%	2.66%	-1.3%	-4.2%	38	1.5	Rebound	Range(1.5%)	2	-0.9	-1.8	After Bottom	322.71(-1.73%)	310.22-332.93	3.32	-30%-8.5%
12	Mar_30_2021	342.86 (-1.2%)	329.97 (-1.4%)	311.13 (-2%)	309.33	307.2(0%)	311.71(2.98%)	311.71-311.71	-1.7(-1.4)	1.1	%	-1.2%	0%	0.15%	-1.34%	-3.8%	34	1.7	Downtrend Pop	Range(-1.2%)	2	-1.6	-2.5	Relative Oversold	309.59(-0.68%)	289.87-325.75	4.14	-33.6%-3%
13	Mar_29_2021	346.7 (-1.2%)	334.21 (-1.2%)	317.34 (-3.3%)	310.98	304.07(0%)	302.7(-0.9%)	302.7-302.7	-1.6(-1.7)	-0.5	-2.8%	-1.8%	0%	-2.31%	-1.24%	-3.6%	28	1.9	Growing Downtrend	Lower(-4.2%)	2	-1.9	-2.3	Growing Downtrend	294.16(-2.82%)	286.53-308.48	3.21	-35.5%-0%
14	Mar_26_2021	352.44 (-1%)	340.25 (-0.8%)	328 (-2.4%)	320.93	311.45(0%)	305.45(-3.78%)	305.45-305.45	-1.4(-1.8)	-0.9	-2.7%	-1.6%	0%	-3.52%	-0.88%	-3.5%	47	1.8	Growing Downtrend	Lower(-2.4%)	3	-2.1	-2	Growing Downtrend	300.1(-1.75%)	294.31-312.13	4.95	-34.9%-0%
15	Mar_25_2021	356.98 (-1.2%)	345.97 (-0.6%)	336.03 (-1.6%)	333.56	317.89(0%)	317.46(-0.27%)	317.46-317.46	-1.2(-1.7)	-1	-2.9%	-1.2%	0%	-4.2%	-0.7%	-3.1%	42	1.6	Growing Downtrend	Lower(-4%)	4	-1.7	-2.2	Growing Downtrend	313.65(-1.2%)	309.03-323.78	4.06	-32.4%-0%

16	Mar_24_2021	360.34 (-1.2%)	350.74 (-0.4%)	341.34 (-2.8%)	340.59	330.4(0%)	318.32(-7.14%)	318.32-318.32	-1(-1.7)	-2.3	-4%	-1.2%	0%	-2.49%	-0.6%	-2.7%	41	1.7	Growing Downtrend	Range(-1.6%)	5	-1.8	-1.8	Growing Downtrend	314.31(-1.26%)	309.67-324.26	3.52	-32.2%-0.2%
17	Mar_23_2021	365.08 (-1.2%)	354.93 (-0%)	351.31 (-0.6%)	346.95	349.22(0%)	342.8(-3.7%)	341.53-342.8	-0.7(-0.9)	-1.3	-0.9%	-0.6%	0%	0.85%	-0.42%	-2.8%	43	1.7	Growing Downtrend Downtrend Pop	Range(0.4%)	6	-1	-2.2	N/A	344.62(0.53%)	334.13-353.21	2.89	-27%-7.9%
18	Mar_22_2021	368.6 (-1.2%)	356.76 (-0.2%)	353.55 (-0.3%)	353.37	350.78(0%)	355.96(3%)	355.96-355.96	-0.7(-0.5)	0.5	0.8%	0.2%	0%	0.21%	-0.5%	-3.2%	40	1.9	Uptrend Reversal	Range(1%)	5	-0.7	-1	Rebound	361.05(1.43%)	347.9-366.71	2.31	-24.2%-12%
19	Mar_19_2021	372.35 (-1.2%)	354.27 (-0.6%)	354.71 (-0.8%)	352.88	344.68(0%)	345.6(0.45%)	345.6-345.6	-0.7(-0.8)	-0.8	-2.1%	-0.6%	0%	-1.14%	-0.8%	-4.9%	31	2.3	Growing Downtrend	Lower(-2.7%)	5	-1	-0.1	After Bottom	342.52(-0.89%)	324.29-357.44	2.29	-26.4%-8.8%
20	Mar_18_2021	378.1 (-1.2%)	355.08 (-0.8%)	357.63 (-1.1%)	356.91	355.95(0%)	344.04(-6.55%)	342.91-344.04	-0.7(-0.9)	-1.9	-1.3%	-0.7%	0%	-0.38%	-0.88%	-6.1%	39	2.5	Growing Downtrend	Range(1.3%)	5	-1.2	-1.3	Downtrend	334.13(-2.88%)	327.37-349.87	2.87	-26.7%-8.3%

21	Mar_17_2021	383.35 (-1.2%)	356.67 (-0.8%)	361.46 (0.6%)	361.03	361.08(0%)	368.15(4%)	368.15-368.15	-0.7(-0.4)	2	0.7%	-0.3%	0%	-0.28%	-0.88%	-7%	47	2.6	Downtrend Consolidation	Range(0.4%)	5	-0.8	-0.4	Rebound	370.95(0.76%)	351.43-379.3	2.91	-21.6%-15.9%
22	Mar_16_2021	387.51 (-1.2%)	356.53 (-1%)	359.19 (-0.3%)	359.51	357.88(0%)	354(-2.14%)	354-354	-0.9(-0.8)	-1.4	-0.6%	-1.1%	0%	0.06%	-1.1%	-8%	37	2.8	Growing Downtrend	Range(-0.6%)	4	-1.1	-0.4	Downtrend	339.63(-4.06%)	330.98-359.75	2.97	-24.6%-11.4%
23	Mar_15_2021	393.06 (-1.2%)	359.8 (-1.2%)	360.4 (1.9%)	360.22	360.98(0%)	361.75(0.43%)	361.75-361.75	-0.9(-0.7)	0.6	0.4%	-1.4%	0%	-0.27%	-1.14%	-8.5%	38	2.8	Downtrend Consolidation	Range(-1%)	5	-1	0.6	Rebound	368.91(1.98%)	340.45-381.11	2.25	-22.9%-13.8%
24	Mar_12_2021	398.17 (-1.2%)	364.99 (-1.4%)	353.65 (0.4%)	359.79	361.15(0%)	360.2(-0.83%)	360.2-360.2	-1.2(-0.9)	0.1	1%	-1%	0%	-0.07%	-1.32%	-8.3%	34	2.9	Downtrend Consolidation	Range(0.4%)	5	-1.1	0.1	Downtrend	342.77(-4.84%)	332.28-367.18	2.53	-23.2%-13.3%
25	Mar_11_2021	403.29 (-1.2%)	368.27 (-1.8%)	352.13 (0.2%)	351.74	359.46(0%)	363.21(1.79%)	358.8-363.21	-1.4(-0.9)	0.7	0.4%	-0.7%	0%	1.22%	-1.56%	-8.7%	31	2.9	Downtrend Consolidation	Range(-0.3%)	4	-1.1	-0.2	Downtrend	342.25(-5.77%)	330.68-369.31	3.57	-22.6%-14.3%
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 Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low