ROKU INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ROKU
ISIN:

ROKU INC. - Daily - Technical analysis published on 12/28/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 86.19 USD

My targets

97.81 USD (+3.28%)

106.87 USD (+12.85%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ROKU INC.. As long as you are above the support located at 86.19 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 97.81 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 106.87 USD as an objective. Crossing it would then enable buyers to target 284.18 USD. If the support 86.19 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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

Force

2.1

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.

This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ROKU INC. rating 94.70 USD. The price has increased by +0.50% since the last closing and was between 93.49 USD and 94.87 USD. This implies that the price is at +1.29% from its lowest and at -0.18% from its highest.

93.49

94.87

94.70

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ROKU INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	66.05	73.26	86.19	94.70	97.81	106.87	284.18
Change (%)	-30.25%	-22.64%	-8.99%	-	+3.28%	+12.85%	+200.08%
Change	-28.65	-21.44	-8.51	-	+3.11	+12.17	+189.48
Level	Minor	Intermediate	Minor	-	Major	Major	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
Standard	89.13	90.88	92.56	94.31	95.99	97.74	99.42
Camarilla	93.29	93.60	93.92	94.23	94.54	94.86	95.17
Woodie	89.09	90.86	92.52	94.29	95.95	97.72	99.38
Fibonacci	90.88	92.19	93.00	94.31	95.62	96.43	97.74

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.21	84.46	87.90	92.15	95.59	99.84	103.28
Camarilla	89.23	89.93	90.64	91.34	92.05	92.75	93.46
Woodie	79.81	84.26	87.50	91.95	95.19	99.64	102.88
Fibonacci	84.46	87.40	89.21	92.15	95.09	96.90	99.84

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.69
MACD (12,26,9):	0.5000
Directional Movement:	0.80
AROON (14):	-28.58
DEMA (21):	97.19
Parabolic SAR (0,02-0,02-0,2):	102.58
Elder Ray (13):	-1.27
Super Trend (3,10):	104.16
Zig ZAG (10):	93.50
VORTEX (21):	0.8700
Stochastique (14,3,5):	27.82
TEMA (21):	93.49
Williams %R (14):	-75.36
Chande Momentum Oscillator (20):	-9.30
Repulse (5,40,3):	-0.2800
ROCnROLL:	-1
TRIX (15,9):	0.3600
Courbe Coppock:	18.78

MA7:	92.87
MA20:	98.58
MA50:	86.82
MA100:	81.36
MAexp7:	94.10
MAexp20:	95.35
MAexp50:	90.08
MAexp100:	83.44
Price / MA7:	+1.97%
Price / MA20:	-3.94%
Price / MA50:	+9.08%
Price / MA100:	+16.40%
Price / MAexp7:	+0.64%
Price / MAexp20:	-0.68%
Price / MAexp50:	+5.13%
Price / MAexp100:	+13.49%

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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