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(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 2023-06-01 View latest technical analysis

10 day averaged volume of Roku Inc is 5276030

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	58.55	58.17	59.27	56.48	0.753 times
31 Wed May 2023	58.20	57.01	58.31	56.30	0.823 times
30 Tue May 2023	57.73	57.49	59.17	56.42	0.785 times
26 Fri May 2023	56.05	54.36	56.45	53.94	0.735 times
26 Fri May 2023	56.05	54.36	56.45	53.94	0.735 times
25 Thu May 2023	54.58	58.73	58.93	54.44	1.098 times
24 Wed May 2023	58.18	55.34	58.34	55.12	1.332 times
23 Tue May 2023	55.88	56.26	58.66	55.68	1.325 times
22 Mon May 2023	56.62	52.53	56.65	52.30	1.244 times
19 Fri May 2023	52.61	53.41	54.00	52.53	0.854 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.3, but if it comes below 57.3, then a intra day sell could be more profitable.
If you take a sell trade below 57.3, then use 57.3 as stoploss and 55.48 as target. However if you take a buy trade in stock , then use 57.3 as stoploss and 59.6 as target.

Share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Target	51.62
Downside Target	56.30
Downside Target	56.48
Downside Target	57.71
Upside Target	58.93
Upside Target	59.17
Upside Target	59.27
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	56.81
Downside Intraday Target	55.07
Upside Intraday Target	59.78
Upside Intraday Target	61.01
Downside Intraday Target	58.04

Weekly technical analysis of Roku Inc (ROKU)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	58.55	57.49	59.27	56.30	3.213 times
26 Fri May 2023	56.05	54.36	56.45	53.94	0.128 times
26 Fri May 2023	56.05	52.53	58.93	52.30	1.237 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Roku Inc (ROKU)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Jun 2023	58.55	58.17	59.27	56.48	0.033 times
31 Wed May 2023	58.20	56.48	59.17	51.62	0.725 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

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 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 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 gaining 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 SELL signal in short term and selling is picking up 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 56.44 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.