Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ROKU) Roku Inc complete technical analysis [charts+indicators] | Buy/Sell Roku Inc | (ROKU) share price targets

Complete technical analysis of Roku Inc (ROKU) by charts plus indicators, forecast predictions and share price targets for Roku Inc (ROKU)

Roku Inc trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-04-30 View latest technical analysis

10 day averaged volume of Roku Inc is 6123150

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	57.66	60.12	61.46	57.62	1.149 times
29 Mon Apr 2024	58.66	57.18	59.89	56.89	1.443 times
26 Fri Apr 2024	56.35	60.73	60.74	56.10	2.953 times
25 Thu Apr 2024	62.81	59.93	63.21	59.66	1.391 times
24 Wed Apr 2024	61.83	61.71	62.44	60.72	0.52 times
23 Tue Apr 2024	61.74	59.00	62.44	58.90	0.923 times
22 Mon Apr 2024	58.57	57.31	58.63	56.16	0.641 times
19 Fri Apr 2024	56.90	57.54	58.56	56.32	0.587 times
18 Thu Apr 2024	58.69	57.65	58.92	57.25	0.51 times
17 Wed Apr 2024	57.59	58.18	58.52	57.43	0.466 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.9, but if it comes above 57.9, then a intra day buy could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 55.5 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 59.83 as target.

Share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Target	56.10
Upside Target	58.40
Upside Target	63.21
Upside Target	65.45
Upside Target	66.75
Upside Target	81.80
Upside Target	88.71
Upside Target	94.90
Upside Target	99.80
Upside Target	108.84

Intraday share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Intraday Target	55.88
Downside Intraday Target	54.1
Upside Intraday Target	60.45
Upside Intraday Target	63.24
Upside Intraday Target	58.67

Weekly technical analysis of Roku Inc (ROKU)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	57.66	57.18	61.46	56.89	0.403 times
26 Fri Apr 2024	56.35	57.31	63.21	56.10	2.392 times
19 Fri Apr 2024	56.90	59.96	60.38	56.32	1.074 times
12 Fri Apr 2024	59.90	60.00	63.21	59.48	0.789 times
05 Fri Apr 2024	59.83	65.27	65.45	58.40	1.586 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Roku Inc (ROKU)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	57.66	65.27	65.45	56.10	1.238 times
28 Thu Mar 2024	65.17	63.41	66.75	61.10	0.456 times
29 Thu Feb 2024	63.18	88.91	99.80	61.48	1.707 times
31 Wed Jan 2024	88.06	90.55	94.90	81.80	0.968 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Roku Inc (ROKU)

Price action analysis of Roku Inc ( (ROKU) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Roku Inc ( (ROKU) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Roku Inc ( (ROKU) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Roku Inc ( (ROKU) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Roku Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Roku Inc in short term but the buy signal is initial and weak.

Roku Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Roku Inc in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Roku Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.73 and Roku Inc (ROKU) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Roku Inc (ROKU) stock. Volume based technical analysis of Roku Inc (ROKU) stock is negative.

Roku Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.