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(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 2024-05-28 View latest technical analysis

10 day averaged volume of is 386658

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 55.50 55.50 56.23 54.14 0.877 times
23 Thu May 2024 55.91 60.18 60.40 55.54 1.004 times
22 Wed May 2024 60.76 61.74 64.29 60.43 0.652 times
21 Tue May 2024 62.22 64.99 65.59 60.33 0.736 times
20 Mon May 2024 63.78 66.00 67.32 63.31 0.729 times
17 Fri May 2024 65.58 63.10 70.34 61.20 1.586 times
16 Thu May 2024 61.81 62.21 62.50 58.77 0.788 times
15 Wed May 2024 61.37 62.83 65.52 59.61 1.231 times
14 Tue May 2024 61.04 63.00 66.52 60.65 0.923 times
13 Mon May 2024 62.95 64.60 65.91 62.00 0.97 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.8, but if it comes above 57.8, then a intra day buy could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 52.5 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 62.34 as target.

Share price targets for (ROOT)

Target Type Value
Downside Target 7.22
Downside Target 7.93
Downside Target 11.39
Downside Target 31.90
Downside Target 34.41
Downside Target 49.52
Downside Target 52.37
Downside Target 54.14
Downside Target 55.42
Upside Target 58.77
Upside Target 61.50
Upside Target 67.32
Upside Target 70.34
Upside Target 85.99
Upside Target 86.57

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 54.35
Downside Intraday Target 53.2
Upside Intraday Target 56.44
Upside Intraday Target 57.38
Downside Intraday Target 55.29

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 55.50 55.50 56.23 54.14 0.281 times
23 Thu May 2024 55.91 66.00 67.32 55.54 0.568 times
17 Fri May 2024 65.58 64.60 70.34 58.77 0.689 times
10 Fri May 2024 63.86 56.25 71.03 55.42 0.542 times
03 Fri May 2024 56.29 65.13 86.57 52.37 3.28 times

Price has moved down 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
28 Tue May 2024 55.50 84.68 86.57 52.37 0.962 times
30 Tue Apr 2024 69.65 61.00 85.99 49.52 0.625 times
28 Thu Mar 2024 61.08 34.36 61.50 31.90 0.906 times
29 Thu Feb 2024 32.11 8.23 34.41 7.22 14.28 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 61.33 and (ROOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 61.33 and (ROOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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