| ROKU latest price $156.2700 (1.63%) ($153.3900 - $164.7300) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 57 |
Latest Price | $156.2700(1.63%) |
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 3.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ROKU advance at 0% a week (0% probability) IBUY(67%) IPO(65%) ONLN(63%) ARKK(61%) SKYY(58%) |
Factors Impacting ROKU price | ROKU will decline at least -2.09% in a week (0% probabilities). VIXM(-24%) UUP(-15%) VXX(-11%) TBT(-9%) DRIV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.09% (StdDev 4.18%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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