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 2023-05-24 View latest technical analysis

10 day averaged volume of Roku Inc is 5551550

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed May 2023	58.18	55.34	58.34	55.12	1.266 times
23 Tue May 2023	55.88	56.26	58.66	55.68	1.259 times
22 Mon May 2023	56.62	52.53	56.65	52.30	1.182 times
19 Fri May 2023	52.61	53.41	54.00	52.53	0.812 times
18 Thu May 2023	53.81	52.70	54.60	51.75	1.016 times
17 Wed May 2023	52.56	52.19	53.62	51.62	0.8 times
16 Tue May 2023	52.23	53.44	53.59	52.10	0.929 times
15 Mon May 2023	54.02	53.71	54.85	52.94	0.851 times
12 Fri May 2023	53.73	57.00	57.00	52.92	1.37 times
11 Thu May 2023	56.85	56.30	57.07	54.68	0.94 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.7, for a target of 56.7 or 55

Share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Target	39.00
Downside Target	51.62
Downside Target	57.38
Downside Target	57.71
Upside Target	58.36
Upside Target	58.66
Upside Target	60.42
Upside Target	67.89
Upside Target	68.35
Upside Target	76.62

Intraday share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Intraday Target	54.1
Downside Intraday Target	50.02
Upside Intraday Target	60.46
Upside Intraday Target	62.74
Downside Intraday Target	56.38

Weekly technical analysis of Roku Inc (ROKU)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed May 2023	58.18	52.53	58.66	52.30	0.841 times
19 Fri May 2023	52.61	53.71	54.85	51.62	0.961 times
12 Fri May 2023	53.73	54.96	57.71	52.92	0.898 times
05 Fri May 2023	54.97	56.48	57.38	52.11	0.551 times
28 Fri Apr 2023	56.21	58.25	60.42	53.83	1.334 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
24 Wed May 2023	58.18	56.48	58.66	51.62	0.593 times
28 Fri Apr 2023	56.21	64.93	68.35	53.83	0.844 times
31 Fri Mar 2023	65.82	63.83	67.89	54.50	0.895 times
28 Tue Feb 2023	64.69	57.75	76.62	53.60	1.544 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Roku Inc ( (ROKU) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Roku Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Roku Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.86 and Roku Inc (ROKU) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.