ROKU INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	ROKU
ISIN:

ROKU INC. - 1H - Technical analysis published on 12/07/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

22%

61%

17%

My opinion

Bearish under 106.87 USD

My targets

97.81 USD (-4.31%)

89.98 USD (-11.97%)

My analysis

The current short-term bearish acceleration registered on ROKU INC. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 106.87 USD. Short-term sellers will use the support located at 97.81 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 89.98 USD. Crossing this support would then open the door for sellers to target 86.19 USD. Caution, if there is a return to below 106.87 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

2.7

Comment on the analysis

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.

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Additional analysis

Quotes

ROKU INC. rating 102.22 USD. The price is lower by -0.14% since the last closing and was traded between 101.35 USD and 103.71 USD over the period. The price is currently at +0.86% from its lowest and -1.44% from its highest.

101.35

103.71

102.22

Here is a more detailed summary of the historical variations registered by ROKU INC.:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ROKU INC. in 1H shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	79.35	86.19	97.81	102.22	102.57	106.87	137.52
Change (%)	-22.37%	-15.68%	-4.31%	-	+0.34%	+4.55%	+34.53%
Change	-22.87	-16.03	-4.41	-	+0.35	+4.65	+35.30
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.05	99.06	100.71	103.72	105.37	108.38	110.03
Camarilla	101.08	101.51	101.93	102.36	102.79	103.21	103.64
Woodie	95.37	98.72	100.03	103.38	104.69	108.04	109.35
Fibonacci	99.06	100.84	101.94	103.72	105.50	106.60	108.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.16	89.98	96.76	102.58	109.36	115.18	121.96
Camarilla	100.08	101.23	102.39	103.54	104.70	105.85	107.01
Woodie	84.64	90.22	97.24	102.82	109.84	115.42	122.44
Fibonacci	89.98	94.79	97.77	102.58	107.39	110.37	115.18

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.47	38.89	71.55	89.97	122.63	141.05	173.71
Camarilla	90.15	94.84	99.52	104.20	108.88	113.57	118.25
Woodie	27.58	42.45	78.66	93.53	129.74	144.61	180.82
Fibonacci	38.89	58.41	70.46	89.97	109.49	121.54	141.05

Numerical data

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

Technical indicators

Moving averages

RSI (14):	42.65
MACD (12,26,9):	-0.4900
Directional Movement:	-9.59
AROON (14):	-50.00
DEMA (21):	102.86
Parabolic SAR (0,02-0,02-0,2):	104.57
Elder Ray (13):	-0.70
Super Trend (3,10):	106.27
Zig ZAG (10):	102.26
VORTEX (21):	0.9300
Stochastique (14,3,5):	22.03
TEMA (21):	102.15
Williams %R (14):	-82.53
Chande Momentum Oscillator (20):	-2.44
Repulse (5,40,3):	-0.5900
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	3.53

MA7:	104.12
MA20:	96.28
MA50:	79.34
MA100:	79.31
MAexp7:	102.68
MAexp20:	103.40
MAexp50:	102.96
MAexp100:	99.04
Price / MA7:	-1.82%
Price / MA20:	+6.17%
Price / MA50:	+28.84%
Price / MA100:	+28.89%
Price / MAexp7:	-0.45%
Price / MAexp20:	-1.14%
Price / MAexp50:	-0.72%
Price / MAexp100:	+3.21%

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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