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 01/04/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 89.11 USD
My targets
84.83 USD (-1.41%)
76.27 USD (-11.35%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ROKU INC. as long as the price remains well below 89.11 USD. The sellers' bearish objective is set at 84.83 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 76.27 USD. In case of crossing, the next objective would be the support located at 73.26 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

ROKU INC. rating 86.04 USD. The price is lower by -0.66% since the last closing and was traded between 85.71 USD and 86.87 USD over the period. The price is currently at +0.39% from its lowest and -0.96% from its highest.

85.71
86.87
86.04

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ROKU INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ROKU INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 61.53 73.26 85.87 86.04 89.11 97.81 102.48
Change (%) -28.49% -14.85% -0.20% - +3.57% +13.68% +19.11%
Change -24.51 -12.78 -0.17 - +3.07 +11.77 +16.44
Level Minor Intermediate Intermediate - 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
Standard83.0084.4485.5286.9688.0489.4890.56
Camarilla85.9286.1586.3886.6186.8487.0787.30
Woodie82.8384.3585.3586.8787.8789.3990.39
Fibonacci84.4485.4085.9986.9687.9288.5189.48


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard84.8387.9689.8192.9494.7997.9299.77
Camarilla90.2990.7591.2091.6692.1292.5793.03
Woodie84.1987.6489.1792.6294.1597.6099.13
Fibonacci87.9689.8691.0492.9494.8496.0297.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.8476.2783.9796.40104.10116.53124.23
Camarilla86.1287.9789.8291.6693.5195.3597.20
Woodie61.4775.0981.6095.22101.73115.35121.86
Fibonacci76.2783.9688.7196.40104.09108.84116.53

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): 23.68
MACD (12,26,9): -1.7000
Directional Movement: -24.23
AROON (14): -100.00
DEMA (21): 86.52
Parabolic SAR (0,02-0,02-0,2): 87.83
Elder Ray (13): -1.43
Super Trend (3,10): 89.73
Zig ZAG (10): 86.35
VORTEX (21): 0.7200
Stochastique (14,3,5): 14.03
TEMA (21): 85.76
Williams %R (14): -88.05
Chande Momentum Oscillator (20): -2.98
Repulse (5,40,3): 0.0900
ROCnROLL: 2
TRIX (15,9): -0.2400
Courbe Coppock: 9.30
MA7: 91.01
MA20: 95.38
MA50: 88.98
MA100: 81.63
MAexp7: 87.04
MAexp20: 88.62
MAexp50: 90.99
MAexp100: 93.16
Price / MA7: -5.46%
Price / MA20: -9.79%
Price / MA50: -3.30%
Price / MA100: +5.40%
Price / MAexp7: -1.15%
Price / MAexp20: -2.91%
Price / MAexp50: -5.44%
Price / MAexp100: -7.64%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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