ROKU INC. - Daily - Technical analysis published on 10/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 106.49 USD
My targets
98.48 USD (-5.13%)
76.48 USD (-26.32%)
My analysis
ROKU INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 106.49 USD. The next support located at 98.48 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 76.48 USD. Below this support, sellers could then target 56.55 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
4.8
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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. rating is 103.80 USD. The price registered an increase of +1.37% on the session and was traded between 99.98 USD and 105.08 USD over the period. The price is currently at +3.82% from its lowest and -1.22% from its highest.99.98
105.08
103.80
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ROKU INC. chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 56.55 | 76.48 | 98.48 | 103.80 | 106.49 | 135.33 | 150.52 |
| Change (%) | -45.52% | -26.32% | -5.13% | - | +2.59% | +30.38% | +45.01% |
| Change | -47.25 | -27.32 | -5.32 | - | +2.69 | +31.53 | +46.72 |
| Level | Intermediate | Major | 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 | 94.87 | 97.63 | 100.02 | 102.78 | 105.17 | 107.93 | 110.32 |
| Camarilla | 100.98 | 101.46 | 101.93 | 102.40 | 102.87 | 103.34 | 103.82 |
| Woodie | 94.68 | 97.54 | 99.83 | 102.69 | 104.98 | 107.84 | 110.13 |
| Fibonacci | 97.63 | 99.60 | 100.82 | 102.78 | 104.75 | 105.97 | 107.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.91 | 89.49 | 94.62 | 103.20 | 108.33 | 116.91 | 122.04 |
| Camarilla | 95.97 | 97.23 | 98.48 | 99.74 | 101.00 | 102.25 | 103.51 |
| Woodie | 79.18 | 88.63 | 92.89 | 102.34 | 106.60 | 116.05 | 120.31 |
| Fibonacci | 89.49 | 94.73 | 97.97 | 103.20 | 108.44 | 111.68 | 116.91 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -4.09 | 46.99 | 74.38 | 125.46 | 152.85 | 203.93 | 231.32 |
| Camarilla | 80.18 | 87.37 | 94.57 | 101.76 | 108.95 | 116.15 | 123.34 |
| Woodie | -15.95 | 41.07 | 62.53 | 119.54 | 141.00 | 198.01 | 219.47 |
| Fibonacci | 46.99 | 76.97 | 95.49 | 125.46 | 155.44 | 173.96 | 203.93 |
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): | 34.65 | |
| MACD (12,26,9): | -10.1000 | |
| Directional Movement: | -18.59 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 109.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 128.25 | |
| Elder Ray (13): | -11.65 | |
| Super Trend (3,10): | 127.43 | |
| Zig ZAG (10): | 104.83 | |
| VORTEX (21): | 0.7000 | |
| Stochastique (14,3,5): | 9.09 | |
| TEMA (21): | 97.33 | |
| Williams %R (14): | -87.73 | |
| Chande Momentum Oscillator (20): | -44.66 | |
| Repulse (5,40,3): | 3.3500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6200 | |
| Courbe Coppock: | 64.38 |
| MA7: | 103.07 | |
| MA20: | 129.38 | |
| MA50: | 127.71 | |
| MA100: | 112.47 | |
| MAexp7: | 106.21 | |
| MAexp20: | 120.24 | |
| MAexp50: | 123.01 | |
| MAexp100: | 112.07 | |
| Price / MA7: | +0.71% | |
| Price / MA20: | -19.77% | |
| Price / MA50: | -18.72% | |
| Price / MA100: | -7.71% | |
| Price / MAexp7: | -2.27% | |
| Price / MAexp20: | -13.67% | |
| Price / MAexp50: | -15.62% | |
| Price / MAexp100: | -7.38% |
News
Don"t forget to follow the news on ROKU INC.. At the time of publication of this analysis, the latest news was 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 Introduces New Streaming Player Lineup
- Roku OS 9.2 to Deliver New Search and Discovery Features and Enhanced Roku Voice Functionality
This member declared not having a position on this financial instrument or a related financial instrument.
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