(ROOT) complete technical analysis [charts+indicators] | Buy/Sell | (ROOT) share price targets
Complete technical analysis of (ROOT) by charts plus indicators, forecast predictions and share price targets for (ROOT)
Showing technical analysis as on 2024-03-08 View latest technical analysis
10 day averaged volume of is 2088040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 45.77 | 44.03 | 47.10 | 41.76 | 0.309 times |
| 07 Thu Mar 2024 | 44.50 | 44.62 | 45.49 | 41.00 | 0.338 times |
| 06 Wed Mar 2024 | 44.12 | 38.07 | 46.37 | 38.07 | 0.5 times |
| 05 Tue Mar 2024 | 39.10 | 41.19 | 45.70 | 36.69 | 0.816 times |
| 04 Mon Mar 2024 | 41.90 | 38.33 | 43.40 | 35.11 | 0.892 times |
| 01 Fri Mar 2024 | 39.11 | 34.36 | 41.96 | 31.90 | 1.655 times |
| 29 Thu Feb 2024 | 32.11 | 27.95 | 34.41 | 27.24 | 1.072 times |
| 28 Wed Feb 2024 | 27.97 | 23.82 | 28.40 | 23.04 | 0.636 times |
| 27 Tue Feb 2024 | 25.20 | 21.96 | 25.77 | 20.22 | 0.856 times |
| 26 Mon Feb 2024 | 22.76 | 17.19 | 23.71 | 17.10 | 1.516 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.6, but if it comes below 37.6, then a intra day sell could be more profitable.
If you take a sell trade below 37.6, then use 37.6 as stoploss and 23.07 as target. However if you take a buy trade in stock , then use 37.6 as stoploss and 55 as target.
Share price targets for (ROOT)
| Target Type | Value |
| Downside Target | 7.22 |
| Downside Target | 7.61 |
| Downside Target | 7.93 |
| Downside Target | 8.60 |
| Downside Target | 9.38 |
| Downside Target | 10.88 |
| Downside Target | 11.39 |
| Downside Target | 14.60 |
| Downside Target | 17.10 |
| Downside Target | 31.90 |
| Downside Target | 34.41 |
| Downside Target | 35.11 |
| Downside Target | 41.96 |
| Upside Target | 47.10 |
Intraday share price targets for (ROOT)
| Target Type | Value |
| Downside Intraday Target | 38.22 |
| Downside Intraday Target | 30.67 |
| Upside Intraday Target | 50.21 |
| Upside Intraday Target | 54.65 |
| Downside Intraday Target | 42.66 |
Weekly technical analysis of (ROOT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 45.77 | 38.33 | 47.10 | 35.11 | 0.498 times |
| 01 Fri Mar 2024 | 39.11 | 17.19 | 41.96 | 17.10 | 1.082 times |
| 23 Fri Feb 2024 | 16.96 | 8.74 | 17.39 | 8.60 | 14.836 times |
| 16 Fri Feb 2024 | 8.91 | 7.61 | 9.38 | 7.61 | 2.029 times |
| 09 Fri Feb 2024 | 7.58 | 8.01 | 8.05 | 7.22 | 0.822 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 (ROOT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 45.77 | 34.36 | 47.10 | 31.90 | 0.45 times |
| 29 Thu Feb 2024 | 32.11 | 8.23 | 34.41 | 7.22 | 14.28 times |
| 31 Wed Jan 2024 | 8.10 | 10.42 | 11.39 | 7.93 | 0.394 times |
| 29 Fri Dec 2023 | 10.48 | 9.61 | 14.60 | 9.54 | 1.669 times |
Scroll below to view daily charts
Price has moved up 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 (ROOT)
Price action analysis of ( (ROOT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 34.17 and (ROOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.
Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of ( (ROOT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of ( (ROOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 34.17 and (ROOT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.
Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.