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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 2024-05-30 View latest technical analysis

10 day averaged volume of Roku Inc is 3532645

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	57.32	56.78	57.96	56.10	0.707 times
29 Wed May 2024	56.48	55.64	56.60	55.01	0.703 times
28 Tue May 2024	56.45	56.77	57.12	55.80	0.696 times
23 Thu May 2024	56.20	58.19	58.33	56.12	1.016 times
22 Wed May 2024	58.52	57.80	58.98	57.78	0.521 times
21 Tue May 2024	57.97	58.89	59.04	57.86	0.768 times
20 Mon May 2024	59.27	61.18	61.46	58.85	1.132 times
17 Fri May 2024	61.44	61.41	61.65	60.60	0.553 times
16 Thu May 2024	61.25	61.79	62.46	61.09	0.743 times
15 Wed May 2024	62.27	63.88	64.19	61.51	1.099 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.5, but if it comes above 57.5, then a intra day buy could be more profitable.
If you take a sell trade below 57.5, then use 57.5 as stoploss and 55.4 as target. However if you take a buy trade in stock , then use 57.5 as stoploss and 59.3 as target.

Share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Target	55.01
Upside Target	61.10
Upside Target	61.48
Upside Target	65.45
Upside Target	66.58
Upside Target	66.75
Upside Target	81.80
Upside Target	94.90
Upside Target	99.80

Intraday share price targets for Roku Inc (ROKU)

Target Type	Value
Downside Intraday Target	55.57
Downside Intraday Target	53.81
Upside Intraday Target	58.52
Upside Intraday Target	59.71
Downside Intraday Target	56.76

Weekly technical analysis of Roku Inc (ROKU)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	57.32	56.77	57.96	55.01	0.613 times
23 Thu May 2024	56.20	61.18	61.46	56.12	0.552 times
17 Fri May 2024	61.44	58.38	66.58	58.36	1.756 times
10 Fri May 2024	57.91	59.77	61.17	57.59	0.468 times
03 Fri May 2024	59.11	57.18	61.48	56.89	0.68 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 Thu May 2024	57.32	57.28	66.58	55.01	0.611 times
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

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 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 SELL signal for Roku Inc in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 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 58.79 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.