Technical Analysis: Based on the latest technical indicators, ROKU shows mixed signals. The RSI at 46.99 indicates neutral momentum, slightly leaning towards oversold territory. The MACD at -0.35 suggests bearish momentum in the short term. The stock is currently trading above its 200-day SMA of $66.85 but below its 20-day SMA of $77.63, indicating some short-term weakness within a longer-term uptrend.
Price Levels and Fibonacci Analysis: Key resistance levels are at $83.03 (R1) and $85.62 (R2), while support levels are at $74.65 (S1) and $72.06 (S2). The Fibonacci pivot point stands at $78.84.
News Sentiment Analysis: Recent news indicates positive momentum for ROKU:
Price Prediction for Next Week: Based on technical and fundamental factors:
Base case (60% probability): $77-80 range
Bullish case (25% probability): $82-85 range
Bearish case (15% probability): $72-75 range
Trading Recommendation: SELL at current levels with a target to rebuy at $74-75 range. The technical indicators suggest short-term weakness, and the stock is currently trading near resistance levels. The improving fundamentals make it an attractive buy at lower levels, particularly if it pulls back to the S1 support area.
Key reasons for this recommendation:
The price of ROKU is predicted to go up -19.79%, based on the high correlation periods with TOPS. The similarity of these two price pattern on the periods is 92.92%.
ROKU
TOPS
Year
ROKU Price Forecast($)
Potential Return(%)
2025
100.000
25.880
2026
120.000
51.060
2027
150.000
88.820
2028
120.000
51.060
2029
150.000
88.820
2030
200.000
151.760
Roku's huge user base will attract advertisers and allow the company to charge a premium for real estate on its home screen.
Roku can drive users toward the Roku Channel by prominently featuring it, which will give the channel an edge over other free, ad-supported streaming services like Pluto, Tubi, and Freevee.
Roku'is independent from major streaming subscription platforms, unlike competing streaming devices and connected TVs like those sold by Apple or Amazon. This allows neutrality in promoting content, which some consumers may value.
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Upside
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Upside
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