ROKU INC. - Daily - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 106.49 USD
My targets
76.48 USD (-28.05%)
56.55 USD (-46.80%)
My analysis
ROKU INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 106.49 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 76.48 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 56.55 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 27.17 USD. Beware of a possible return to above the resistance located at 106.49 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.9
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ROKU INC. price is 106.30 USD. The price registered an increase of +2.68% on the session and was traded between 102.31 USD and 107.26 USD over the period. The price is currently at +3.90% from its lowest and -0.90% from its highest.102.31
107.26
106.30
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of ROKU INC. in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 27.17 | 56.55 | 76.48 | 106.30 | 106.49 | 135.33 | 150.52 |
| Change (%) | -74.44% | -46.80% | -28.05% | - | +0.18% | +27.31% | +41.60% |
| Change | -79.13 | -49.75 | -29.82 | - | +0.19 | +29.03 | +44.22 |
| Level | Intermediate | Intermediate | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.27 | 92.46 | 97.99 | 104.19 | 109.72 | 115.92 | 121.45 |
| Camarilla | 100.31 | 101.38 | 102.46 | 103.53 | 104.61 | 105.68 | 106.76 |
| Woodie | 85.94 | 92.29 | 97.67 | 104.02 | 109.39 | 115.75 | 121.12 |
| Fibonacci | 92.46 | 96.94 | 99.71 | 104.19 | 108.67 | 111.44 | 115.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.93 | 72.28 | 90.16 | 121.51 | 139.39 | 170.74 | 188.62 |
| Camarilla | 94.51 | 99.02 | 103.54 | 108.05 | 112.56 | 117.08 | 121.59 |
| Woodie | 34.21 | 68.91 | 83.44 | 118.14 | 132.67 | 167.37 | 181.90 |
| Fibonacci | 72.28 | 91.08 | 102.70 | 121.51 | 140.31 | 151.93 | 170.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.52 | 76.26 | 113.81 | 133.55 | 171.10 | 190.84 | 228.39 |
| Camarilla | 135.61 | 140.86 | 146.11 | 151.36 | 156.61 | 161.86 | 167.12 |
| Woodie | 65.43 | 80.71 | 122.72 | 138.00 | 180.01 | 195.29 | 237.30 |
| Fibonacci | 76.26 | 98.15 | 111.67 | 133.55 | 155.44 | 168.96 | 190.84 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.60 | |
| MACD (12,26,9): | -6.2900 | |
| Directional Movement: | -21.53 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 127.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 152.61 | |
| Elder Ray (13): | -22.62 | |
| Super Trend (3,10): | 136.12 | |
| Zig ZAG (10): | 106.30 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 7.07 | |
| TEMA (21): | 115.01 | |
| Williams %R (14): | -90.18 | |
| Chande Momentum Oscillator (20): | -54.73 | |
| Repulse (5,40,3): | -8.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 46.84 |
| MA7: | 119.92 | |
| MA20: | 142.45 | |
| MA50: | 128.26 | |
| MA100: | 110.97 | |
| MAexp7: | 117.63 | |
| MAexp20: | 131.79 | |
| MAexp50: | 127.58 | |
| MAexp100: | 113.08 | |
| Price / MA7: | -11.36% | |
| Price / MA20: | -25.38% | |
| Price / MA50: | -17.12% | |
| Price / MA100: | -4.21% | |
| Price / MAexp7: | -9.63% | |
| Price / MAexp20: | -19.34% | |
| Price / MAexp50: | -16.68% | |
| Price / MAexp100: | -6.00% |
News
The latest news and videos published on ROKU INC. at the time of the analysis were as follows:
- Roku and Innovid Bring Sophisticated Measurement Tools to TV
- Roku Announces New Streaming Player Line-up for Canada
- Roku Announces New Streaming Player Line-up for UK
- Roku OS 9.2 to Deliver New Search and Discovery Features and Enhanced Roku Voice Functionality
- Roku Introduces New Streaming Player Lineup
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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