ROKU INC (ROKU) Stock Technical Analysis
NASDAQ:ROKU - Nasdaq - US77543R1023 - Common Stock - Currency: USD
Taking everything into account, ROKU scores 9 out of 10 in our technical rating. ROKU has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ROKU did better than 88% of all other stocks.
ROKU is part of the Entertainment industry. There are 72 other stocks in this industry. ROKU outperforms 74% of them.
In the last month ROKU has a been trading in the 67.67 - 85.40 range, which is quite wide. It is currently trading near the high of this range.
ROKU has an average volume of 4462610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ROKU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROKU is lagging the market slightly.
Although ROKU has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
53.86
98.77
4 important support areas can be observed.
- A support zone ranging from 68.04 to 69.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @66.60 from a trend line in the daily time frame.
- Support @55.95 from a trend line in the weekly time frame.
- Support @54.40 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @82.17 from a horizontal line in the daily time frame.
- Resistance @97.79 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for ROKU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROKU is up. |
| ChartMill Relative Strength | 88.49 | POSITIVE | ROKU has a high relative strength, it outperformed 88.49% 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) | UP | POSITIVE | The current price of ROKU is above the rising 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) | 62.65 | NEUTRAL | The RSI value for ROKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests ROKU has a positive trend. |
| Stochastics (14,3) | 63.74 | NEUTRAL | The Stochastics value for ROKU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for ROKU suggests some volalility. |
| Average Directional Index/ADX (14) | 29.16 | POSITIVE | The high ADX value value for ROKU suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
80.63
-1.54 (-1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.87%
1 Week0.9%
2 Weeks10.5%
1 Month13.84%
3 Month2.99%
6 Month0.05%
12 Month48.22%
2 Year26.06%
3 Year-1.84%
5 Year-30.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.34
ATR(20)%3.82%
ATR Inc196.28%
Range Today5.61
ADR(20)2.69
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.49
Mansfield0.82
10 Day High85.4
10 Day Low72.75
20 Day High85.4
20 Day Low67.67
52 Week High104.96
52 Week Low48.33
CS1 End69.01
CR1 Start82.17
Volume & EV
DER(3)0.76%
DER(5)1.64%
Volume5.59M
Volume Incr36.95%
Vol(5)4.95M
Vol(50)4.46M