Roku stock pro full#
If Roku Inc takes out the full calculated possible swing range there will be an estimated 19.66% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$7.99 (+/-9.83%) up or down from last closing price. Trading Expectations For The Upcoming Trading Day Of Friday 5thįor the upcoming trading day on Friday 5th we expect Roku Inc to open at $81.68, and during day (based on 14 day Average True Range), We hold a negative evaluation for this stock. For the last week, the stock has had a daily average volatility of 9.97%. During the last day, the stock moved $6.36 between high and low, or 8.08%. This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". If this is broken, then the next support from accumulated volume will be at $71.69 and $65.52. In this case, Roku finds support just below today's level at $75.71. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. On the downside, the stock finds support just below today's level from accumulated volume at $75.71 and $71.69. This causes a divergence between volume and price and it may be an early warning. Volume fell during the last trading day despite gaining prices. Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Friday, July 29, 2022, and so far it has risen 24.05%. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. On a fall, the stock will find some support from the short-term average at $77.90. On further gains, the stock will meet resistance from the long-term moving average at $86.44. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. The Roku stock holds a buy signal from the short-term moving average at the same time, however, the long-term average holds a general sell signal. No cash balance or cash flow is included in the calculation.There are mixed signals in the stock today. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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