NASDAQ:ROKU • US77543R1023
Taking everything into account, ROKU scores 5 out of 10 in our technical rating. In the last year, ROKU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
ROKU has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
53.86
We found 7 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ROKU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROKU is neutral. |
| ChartMill Relative Strength | 78.11 | POSITIVE | ROKU has a high relative strength, it outperformed 78.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROKU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ROKU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROKU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.19 | NEUTRAL | The RSI value for ROKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.74 | POSITIVE | The MACD value suggests ROKU has a positive trend. |
| Stochastics (14,3) | 90.13 | OVERBOUGHT | The high Stochastics value suggests ROKU may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ROKU suggests some volalility. |
| Average Directional Index/ADX (14) | 24.38 | NEUTRAL | The ADX value for ROKU suggests a possible start of a new trend. |
100.57
+2.46 (+2.51%)
ChartMill assigns a technical rating of 5 / 10 to ROKU.
The current trend direction for ROKU INC (ROKU) is Bearish.
ROKU INC (ROKU) has an RSI value of 58.1934. This indicates that the stock is currently neutral.
The MACD indicator for ROKU INC (ROKU) has a value of 1.74071, indicating a bullish trend.
The short term momentum for ROKU INC (ROKU) is neutral.