ROKU INC (ROKU)
US77543R1023 - Common Stock
We assign a technical rating of 7 out of 10 to ROKU. Although ROKU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ROKU is a bad performer in the overall market: 64% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
ROKU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ROKU has an average volume of 4013150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ROKU is an average performer in the Entertainment industry, it outperforms 49% of 72 stocks in the same industry.
ROKU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROKU is lagging the market.
Besides having an excellent technical rating, ROKU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.02. Right above this resistance zone may be a good entry point.
More info and screens
52.08
84.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 78.43 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.43 from a trend line in the weekly time frame.
- Support @69.97 from a trend line in the daily time frame.
- Support @63.55 from a horizontal line in the daily time frame.
- Support @52.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 83.02 to 84.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.87
Mansfield0.39
10 Day High84.47
10 Day Low77.09
20 Day High86.75
20 Day Low66.49
52 Week High99.8
52 Week Low48.33
Performance
1 Week1.26%
2 Weeks-3.57%
1 Month19.86%
3 Month6.81%
6 Month32.62%
12 Month-13.29%
2 Year95.28%
3 Year-65.17%
5 Year-40.64%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.46
RSI(14)52.76
LBB77.3
UBB85.49
ROKU INC
NASDAQ:ROKU (12/26/2024, 6:39:05 PM)
After market: 79.52 +0.04 (+0.05%)79.48
-0.08 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.1%
1 Week1.26%
2 Weeks-3.57%
1 Month19.86%
3 Month6.81%
6 Month32.62%
12 Month-13.29%
2 Year95.28%
3 Year-65.17%
5 Year-40.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.37
ATR(20)%4.77%
ATR Inc-65.26%
Range Today1.49
ADR(20)3.54
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.87
Mansfield0.39
10 Day High84.47
10 Day Low77.09
20 Day High86.75
20 Day Low66.49
52 Week High99.8
52 Week Low48.33
CS1 End79.47
CR1 Start83.02
Volume & EV
DER(3)0.73%
DER(5)0.94%
Volume1.19M
Volume Incr-45.23%
Vol(5)2.20M
Vol(50)4.01M