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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 2024-08-13 View latest technical analysis

10 day averaged volume of is 393659

Date Daily Closing Price Open High Low Volume
13 Tue Aug 2024 46.09 46.46 48.68 45.36 0.891 times
12 Mon Aug 2024 46.70 46.46 48.47 45.89 0.72 times
09 Fri Aug 2024 46.14 43.12 46.88 42.50 1.164 times
08 Thu Aug 2024 42.99 48.42 49.37 40.83 2.275 times
07 Wed Aug 2024 53.50 56.79 57.00 53.29 1.051 times
06 Tue Aug 2024 55.26 54.60 56.40 52.45 0.825 times
05 Mon Aug 2024 53.73 51.24 55.29 50.51 0.597 times
02 Fri Aug 2024 56.41 54.09 57.99 53.42 0.838 times
01 Thu Aug 2024 57.74 61.26 61.36 54.26 1.311 times
31 Wed Jul 2024 60.23 63.95 64.46 60.12 0.684 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 36.7 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 61.93 as target.

Share price targets for (ROOT)

Target Type Value
Downside Target 40.83
Downside Target 45.36
Upside Target 48.68
Upside Target 53.16
Upside Target 57.00
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 44.74
Downside Intraday Target 43.39
Upside Intraday Target 48.06
Upside Intraday Target 50.03
Upside Intraday Target 46.71

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
13 Tue Aug 2024 46.09 46.46 48.68 45.36 0.273 times
09 Fri Aug 2024 46.14 51.24 57.00 40.83 1.517 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

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
13 Tue Aug 2024 46.09 61.26 61.36 40.83 0.487 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 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 50.62 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 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 50.62 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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