Roku (ROKU) stock had its Relative Strength (RS) Rating upgraded from 64 to 72 Monday — a welcome improvement, but still below the 80 or higher score you look for.
↑ XThis proprietary rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves. See if Roku stock can continue to show renewed price strength and hit that benchmark.
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Roku stock cleared a consolidation in early December but has since pulled back and is not currently offering a proper buying opportunity. See if the stock goes on to form a promising consolidation that could launch a new move.
The TV streaming platform showed 0% EPS growth in the latest quarterly report. Sales increased 16%.
Roku stock earns the No. 2 rank among its peers in the Leisure-Movies & Related industry group. Netflix (NFLX) is the top-ranked stock within the group.
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