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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 2024-03-21 View latest technical analysis

10 day averaged volume of is 845350

Date Daily Closing Price Open High Low Volume
21 Thu Mar 2024 51.77 53.48 55.58 50.07 0.701 times
20 Wed Mar 2024 52.25 43.50 52.90 42.46 1.378 times
19 Tue Mar 2024 46.54 59.40 59.67 46.02 2.08 times
18 Mon Mar 2024 59.13 53.00 60.58 50.50 1.322 times
15 Fri Mar 2024 52.89 45.63 53.37 45.13 1.168 times
14 Thu Mar 2024 46.27 47.16 47.70 44.48 0.383 times
13 Wed Mar 2024 46.77 43.00 47.32 42.81 0.522 times
12 Tue Mar 2024 43.71 42.99 44.18 38.31 0.788 times
11 Mon Mar 2024 42.65 45.20 48.38 41.60 0.762 times
08 Fri Mar 2024 45.77 44.03 47.10 41.76 0.764 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.7, but if it comes below 51.7, then a intra day sell could be more profitable.
If you take a sell trade below 51.7, then use 51.7 as stoploss and 41.07 as target. However if you take a buy trade in stock , then use 51.7 as stoploss and 64.5 as target.

Share price targets for (ROOT)

Target Type Value
Downside Target 7.22
Downside Target 7.93
Downside Target 8.60
Downside Target 9.54
Downside Target 10.88
Downside Target 11.39
Downside Target 14.60
Downside Target 17.10
Downside Target 31.90
Downside Target 34.41
Downside Target 35.11
Downside Target 38.31
Downside Target 41.96
Downside Target 47.10
Upside Target 53.37
Upside Target 60.58

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 42.63
Downside Intraday Target 33.48
Upside Intraday Target 60.75
Upside Intraday Target 69.72
Downside Intraday Target 51.6

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
21 Thu Mar 2024 51.77 53.00 60.58 42.46 1.513 times
15 Fri Mar 2024 52.89 45.20 53.37 38.31 0.514 times
08 Fri Mar 2024 45.77 38.33 47.10 35.11 0.498 times
01 Fri Mar 2024 39.11 17.19 41.96 17.10 1.082 times
23 Fri Feb 2024 16.96 8.74 17.39 8.60 14.836 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of (ROOT)

Date Monthly Closing Price Open High Low Volume
21 Thu Mar 2024 51.77 34.36 60.58 31.90 0.818 times
29 Thu Feb 2024 32.11 8.23 34.41 7.22 14.28 times
31 Wed Jan 2024 8.10 10.42 11.39 7.93 0.394 times
29 Fri Dec 2023 10.48 9.61 14.60 9.54 1.669 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 49.56 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 49.56 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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