Score 7.8 (out of 10): ROKU INC poised to rally 26.6% in 2 months

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Insight:

ROKU INC has reached a new shorter-term low. Previously, during similar occasions, ROKU INC shares had a median return of +26.6%, over the following 2 months based on 10 historical occasions with 8 of those showing positive returns (80% hit ratio). This buy signal for ROKU INC received a high score of 7.8 (out of 10). This insight was generated on 2021-November-4 with last price of 289.39. ROKU INC is in the Internet Content-Entmnt. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 56% more (average). Ticker symbol: ROKU US.

Details:

NameROKU INC
ViewUp
Star (1 to 10)7.8
Target+26.6%
Time2 months
Hit Rate80%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

-20.3% (August-2021), 34.6% (May- 2021), -11.4% (February-2021), 64.7% (November-2020), 38.4% (May-2020), 3.1% (February- 2020), 5% (December-2019), 18.5% (September-2019), 62.7% (July-2019), 67.7% (April-2019).

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