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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 2024-08-06 View latest technical analysis

10 day averaged volume of is 273486

Date Daily Closing Price Open High Low Volume
06 Tue Aug 2024 55.26 54.60 56.40 52.45 1.187 times
05 Mon Aug 2024 53.73 51.24 55.29 50.51 0.86 times
02 Fri Aug 2024 56.41 54.09 57.99 53.42 1.207 times
01 Thu Aug 2024 57.74 61.26 61.36 54.26 1.886 times
31 Wed Jul 2024 60.23 63.95 64.46 60.12 0.985 times
30 Tue Jul 2024 63.40 67.00 69.71 63.13 0.77 times
29 Mon Jul 2024 67.06 68.52 71.36 66.28 0.761 times
26 Fri Jul 2024 67.85 69.78 69.78 65.30 0.697 times
25 Thu Jul 2024 66.28 70.38 72.00 65.18 1.343 times
24 Wed Jul 2024 70.00 72.50 73.15 69.38 0.69 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.3, but if it comes above 59.3, then a intra day buy could be more profitable.
If you take a sell trade below 59.3, then use 59.3 as stoploss and 49.2 as target. However if you take a buy trade in stock , then use 59.3 as stoploss and 67.74 as target.

Share price targets for (ROOT)

Target Type Value
Downside Target 41.13
Downside Target 48.79
Downside Target 53.16
Upside Target 56.39
Upside Target 61.36
Upside Target 65.18
Upside Target 69.00
Upside Target 71.36
Upside Target 79.63
Upside Target 85.99
Upside Target 86.01
Upside Target 86.57

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 51.71
Downside Intraday Target 48.17
Upside Intraday Target 57.6
Upside Intraday Target 59.95
Downside Intraday Target 54.06

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
06 Tue Aug 2024 55.26 51.24 56.40 50.51 0.365 times
02 Fri Aug 2024 56.41 68.52 71.36 53.42 1.182 times
26 Fri Jul 2024 67.85 78.00 79.63 65.18 0.667 times
19 Fri Jul 2024 77.03 69.60 86.01 69.00 0.826 times
12 Fri Jul 2024 69.41 56.82 69.65 56.39 4.015 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
06 Tue Aug 2024 55.26 61.26 61.36 50.51 0.18 times
31 Wed Jul 2024 60.23 51.45 86.01 50.04 1.114 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

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 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 mid to longer 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.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.91 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 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 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 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 mid to longer 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.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.91 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 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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