ROKU NEWS why is Roku, Inc. price falling or rising

ROKU NEWS reasons for why stock price of Roku, Inc. is falling or rising

ROKU Roku Inc is falling or rising technical reasons

Technical analysis forecast for Roku Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Roku Inc ROKU at this time. Stock is falling and might fall more.

It appears as if Roku Inc ROKU gave a large move recently.

Stock of Roku Inc (ROKU) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Roku Inc is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 68.3 as stoploss in an intra day buy trade for a target of 72.28. However, stock will show a bearish move below 68.3.

ROKU Roku Inc is falling or rising NEWS fundamental reasons

Could Roku Stock's Post-Earnings Sell-Off Be a Huge Buying Opportunity for Investors? When a stock falls after a quarterly report, it can sometimes be a great buying opportunity. Those initial sell-offs can turn into overreactions, so if the company's fundamentals remain strong, buying on the dip can lead to better returns later. - NEWS as on 2024-11-08 nasdaq.com

More announcements and NEWS

ROKU Roku, Inc. current price & indicator signals

Moving Averages for Roku, Inc.

  • 5Day Average: 70.85
  • 12Day Average: 72.69
  • 20Day Average: 72.05
  • 50Day Average: 74.45
  • 100Day Average: 68.21
  • 150Day Average: 64.87
  • 200Day Average: 64.38

ROKU Indicators & signals

Indicator MACD (12,26,9)

71.56, 72.54, -0.54
Indicator MACD is in negative zone

Indicator ADX (14)

23.81, 19.41, 31.54
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ROKU Roku, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 69.20 67.77 to 70.81 0.76% 1.03 times
21 Thu Nov 2024 68.68 68.15 to 69.85 -0.04% 0.67 times
20 Wed Nov 2024 68.71 65.97 to 69.85 -6.66% 2.14 times
19 Tue Nov 2024 73.61 72.18 to 75.02 -0.57% 0.71 times
18 Mon Nov 2024 74.03 70.22 to 74.44 7.49% 1.13 times
15 Fri Nov 2024 68.87 68.77 to 74.50 -7.33% 1.45 times
14 Thu Nov 2024 74.32 74.20 to 76.35 -1.18% 0.56 times
13 Wed Nov 2024 75.21 75.10 to 78.57 -1.84% 0.69 times
12 Tue Nov 2024 76.62 75.75 to 77.74 -0.65% 0.72 times
11 Mon Nov 2024 77.12 73.85 to 77.21 4.47% 0.86 times
08 Fri Nov 2024 73.82 70.76 to 74.14 2.49% 1.06 times
07 Thu Nov 2024 72.03 70.99 to 72.89 -0.33% 0.79 times

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ROKU NEWS why is Roku, Inc. price falling or rising

 

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