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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 2024-07-08 View latest technical analysis

10 day averaged volume of is 447500

Date Daily Closing Price Open High Low Volume
08 Mon Jul 2024 60.12 56.82 63.34 56.39 1.223 times
05 Fri Jul 2024 55.64 55.88 56.33 52.50 0.597 times
03 Wed Jul 2024 54.47 53.81 56.40 53.81 0.715 times
03 Wed Jul 2024 54.47 53.81 56.40 53.81 0.715 times
02 Tue Jul 2024 53.77 50.87 54.28 50.04 0.522 times
01 Mon Jul 2024 51.48 51.45 54.25 50.75 0.859 times
28 Fri Jun 2024 51.61 50.23 52.10 49.75 3.628 times
27 Thu Jun 2024 50.74 46.82 51.80 46.21 0.826 times
26 Wed Jun 2024 46.90 46.05 49.07 45.70 0.817 times
25 Tue Jun 2024 46.05 44.36 46.22 43.31 0.754 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.5, for a target of 53.5 or 48.46

Share price targets for (ROOT)

Target Type Value
Downside Target 31.90
Downside Target 41.13
Downside Target 46.69
Downside Target 48.79
Downside Target 52.10
Downside Target 56.39
Downside Target 56.40
Upside Target 61.50
Upside Target 63.34
Upside Target 85.99
Upside Target 86.57

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 56.56
Downside Intraday Target 53
Upside Intraday Target 63.51
Upside Intraday Target 66.9
Downside Intraday Target 59.95

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
08 Mon Jul 2024 60.12 56.82 63.34 56.39 0.932 times
05 Fri Jul 2024 55.64 53.81 56.40 52.50 0.626 times
03 Wed Jul 2024 54.47 51.45 56.40 50.04 0.318 times
28 Fri Jun 2024 51.61 45.12 52.10 42.21 4.394 times
21 Fri Jun 2024 45.03 43.84 46.69 41.68 1.247 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 Mon Jul 2024 60.12 51.45 63.34 50.04 0.296 times
28 Fri Jun 2024 51.61 50.94 53.16 41.13 0.568 times
31 Fri May 2024 50.84 84.68 86.57 48.79 1.043 times
30 Tue Apr 2024 69.65 61.00 85.99 49.52 0.625 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 52.47 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 52.47 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.

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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