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. - Daily - Technical analysis published on 11/07/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 128.89 USD
My targets
99.49 USD (-16.01%)
76.01 USD (-35.83%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade ROKU INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 128.89 USD. The next bearish objective for sellers is set at 99.49 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 76.01 USD. In case of crossing, the next objective would be the support located at 56.55 USD. In the event of a bullish break in the resistance located at 128.89 USD a certain indecision would take hold.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ROKU INC. price is 118.46 USD. On the day, this instrument lost -16.02% and was between 116.26 USD and 128.38 USD. This implies that the price is at +1.89% from its lowest and at -7.73% from its highest.

116.26
128.38
118.46

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ROKU INC.:

Technical


Technical analysis of ROKU INC. in Daily shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the 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.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 56.55 76.01 99.49 118.46 128.89 149.65 169.86
Change (%) -52.26% -35.83% -16.01% - +8.80% +26.33% +43.39%
Change -61.91 -42.45 -18.97 - +10.43 +31.19 +51.40
Level Intermediate Major Major - Intermediate Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard130.12133.46137.26140.60144.40147.74151.54
Camarilla139.09139.74140.40141.05141.71142.36143.01
Woodie130.34133.58137.48140.72144.62147.86151.76
Fibonacci133.46136.19137.88140.60143.33145.02147.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard123.03129.71138.11144.79153.19159.87168.27
Camarilla142.35143.74145.12146.50147.88149.27150.65
Woodie123.88130.14138.96145.22154.04160.30169.12
Fibonacci129.71135.47139.03144.79150.55154.11159.87


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.7981.39114.29132.89165.79184.39217.29
Camarilla133.04137.76142.48147.20151.92156.64161.36
Woodie69.9584.97121.45136.47172.95187.97224.45
Fibonacci81.39101.06113.21132.89152.56164.71184.39

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): 39.14
MACD (12,26,9): 3.3900
Directional Movement: -9.67
AROON (14): -42.86
DEMA (21): 138.87
Parabolic SAR (0,02-0,02-0,2): 150.06
Elder Ray (13): -13.78
Super Trend (3,10): 150.60
Zig ZAG (10): 118.46
VORTEX (21): 1.0000
Stochastique (14,3,5): 40.85
TEMA (21): 140.95
Williams %R (14): -93.75
Chande Momentum Oscillator (20): -10.60
Repulse (5,40,3): -4.8200
ROCnROLL: 2
TRIX (15,9): 0.5400
Courbe Coppock: 16.43
MA7: 140.39
MA20: 135.38
MA50: 131.69
MA100: 121.87
MAexp7: 135.87
MAexp20: 134.26
MAexp50: 129.13
MAexp100: 119.73
Price / MA7: -15.62%
Price / MA20: -12.50%
Price / MA50: -10.05%
Price / MA100: -2.80%
Price / MAexp7: -12.81%
Price / MAexp20: -11.77%
Price / MAexp50: -8.26%
Price / MAexp100: -1.06%

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

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