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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 2024-08-29 View latest technical analysis

10 day averaged volume of is 218891

Date Daily Closing Price Open High Low Volume
29 Thu Aug 2024 43.81 41.95 44.79 41.95 0.695 times
28 Wed Aug 2024 41.88 44.54 44.99 41.62 1.055 times
27 Tue Aug 2024 44.72 45.32 46.04 44.02 0.611 times
26 Mon Aug 2024 45.56 46.88 47.60 44.85 0.643 times
23 Fri Aug 2024 46.96 45.03 47.19 44.30 0.867 times
22 Thu Aug 2024 44.76 46.57 47.44 43.74 0.746 times
21 Wed Aug 2024 46.94 47.82 47.82 45.80 0.949 times
20 Tue Aug 2024 47.11 48.85 49.28 46.57 0.697 times
19 Mon Aug 2024 48.94 48.80 51.35 47.55 1.272 times
16 Fri Aug 2024 49.00 45.21 49.20 45.05 1.606 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 43.7 as stoploss in an intra day buy trade for a target of 47.63. However, stock will show a bearish move below 43.7.

Share price targets for (ROOT)

Target Type Value
Downside Target 40.83
Downside Target 43.74
Upside Target 45.05
Upside Target 47.60
Upside Target 48.79
Upside Target 51.35
Upside Target 53.16
Upside Target 57.00
Upside Target 61.36
Upside Target 71.36
Upside Target 85.99
Upside Target 86.01
Upside Target 86.57

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 41.09
Downside Intraday Target 38.36
Upside Intraday Target 47.07
Upside Intraday Target 50.32
Upside Intraday Target 44.34

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
29 Thu Aug 2024 43.81 46.88 47.60 41.62 0.663 times
23 Fri Aug 2024 46.96 48.80 51.35 43.74 0.604 times
16 Fri Aug 2024 49.00 46.46 49.20 45.05 0.706 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

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
29 Thu Aug 2024 43.81 61.26 61.36 40.83 0.827 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 neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

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

Although the stock is in the SELL zone, but selling 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 46.35 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 neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

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

Although the stock is in the SELL zone, but selling 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 46.35 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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