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ROKU INC.
ROKU INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ROKU
ISIN:

ROKU INC. - 1H - Technical analysis published on 08/25/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Bullish above 349.24 USD
My targets
364.94 USD (+2.28%)
388.64 USD (+8.92%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ROKU INC. as long as the price remains well above 349.24 USD. The buyers' bullish objective is set at 364.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 388.64 USD. If there is any crossing, the next objective would be the resistance located at 414.57 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 364.94 USD. On this resistance, against the trend traders who would like to go short on ROKU INC. with a bearish signal from their trading strategy, should not hesitate to act.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Smurph77
This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The ROKU INC. rating is 356.82 USD. On the day, this instrument lost -0.33% with the lowest point at 352.14 USD and the highest point at 364.23 USD. The deviation from the price is +1.33% for the low point and -2.03% for the high point.

352.14
364.23
356.82

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ROKU INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ROKU INC. chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 284.18 323.07 349.24 356.82 364.94 388.64 414.57
Change (%) -20.36% -9.46% -2.12% - +2.28% +8.92% +16.18%
Change -72.64 -33.75 -7.58 - +8.12 +31.82 +57.75
Level Major Intermediate Major - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard339.14345.64351.23357.73363.32369.82375.41
Camarilla353.50354.60355.71356.82357.93359.04360.15
Woodie338.69345.41350.78357.50362.87369.59374.96
Fibonacci345.64350.26353.11357.73362.35365.20369.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard312.31326.15338.68352.52365.05378.89391.42
Camarilla343.95346.37348.78351.20353.62356.04358.45
Woodie311.65325.82338.02352.19364.39378.56390.76
Fibonacci326.15336.23342.45352.52362.60368.82378.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard283.16337.17382.74436.75482.32536.33581.90
Camarilla400.93410.05419.18428.31437.44446.57455.70
Woodie278.94335.06378.52434.64478.10534.22577.68
Fibonacci337.17375.21398.71436.75474.79498.29536.33

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.58
MACD (12,26,9): 1.1500
Directional Movement: 11.55
AROON (14): 57.14
DEMA (21): 355.02
Parabolic SAR (0,02-0,02-0,2): 351.24
Elder Ray (13): 1.79
Super Trend (3,10): 358.96
Zig ZAG (10): 356.82
VORTEX (21): 1.1200
Stochastique (14,3,5): 48.30
TEMA (21): 357.63
Williams %R (14): -59.38
Chande Momentum Oscillator (20): 2.73
Repulse (5,40,3): 0.5300
ROCnROLL: -1
TRIX (15,9): 0.0400
Courbe Coppock: 3.88
MA7: 352.53
MA20: 387.09
MA50: 405.47
MA100: 374.26
MAexp7: 355.47
MAexp20: 353.87
MAexp50: 356.74
MAexp100: 369.92
Price / MA7: +1.22%
Price / MA20: -7.82%
Price / MA50: -12.00%
Price / MA100: -4.66%
Price / MAexp7: +0.38%
Price / MAexp20: +0.83%
Price / MAexp50: +0.02%
Price / MAexp100: -3.54%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on ROKU INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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