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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 2024-04-08 View latest technical analysis

10 day averaged volume of is 471600

Date Daily Closing Price Open High Low Volume
08 Mon Apr 2024 78.27 83.00 83.79 72.24 1.633 times
05 Fri Apr 2024 82.90 70.72 83.81 70.20 2.279 times
04 Thu Apr 2024 70.93 69.37 73.76 68.21 1.277 times
03 Wed Apr 2024 68.11 61.40 68.97 61.21 0.998 times
02 Tue Apr 2024 62.08 58.00 62.43 55.22 0.753 times
01 Mon Apr 2024 60.52 61.00 65.19 59.56 0.779 times
28 Thu Mar 2024 61.08 56.61 61.50 55.60 1.031 times
27 Wed Mar 2024 56.04 59.19 59.46 54.82 0.664 times
26 Tue Mar 2024 58.38 57.72 59.42 56.31 0.583 times
25 Mon Mar 2024 56.11 53.24 58.04 52.15 0.778 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 81, for a target of 68.2 or 57.51

Share price targets for (ROOT)

Target Type Value
Downside Target 7.22
Downside Target 7.93
Downside Target 9.54
Downside Target 11.39
Downside Target 14.60
Downside Target 31.90
Downside Target 34.41
Downside Target 38.31
Downside Target 42.46
Downside Target 52.15
Downside Target 53.37
Downside Target 55.22
Downside Target 60.58
Downside Target 72.24
Upside Target 83.79
Upside Target 83.81

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 72.41
Downside Intraday Target 66.55
Upside Intraday Target 83.96
Upside Intraday Target 89.65
Downside Intraday Target 78.1

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
08 Mon Apr 2024 78.27 83.00 83.79 72.24 0.268 times
05 Fri Apr 2024 82.90 61.00 83.81 55.22 1.992 times
28 Thu Mar 2024 61.08 53.24 61.50 52.15 0.286 times
22 Fri Mar 2024 53.76 53.00 60.58 42.46 1.645 times
15 Fri Mar 2024 52.89 45.20 53.37 38.31 0.514 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
08 Mon Apr 2024 78.27 61.00 83.81 55.22 0.192 times
28 Thu Mar 2024 61.08 34.36 61.50 31.90 0.906 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

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 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.

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

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

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

MRSI is in positive zone. This is a BUY 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 69.33 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 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.

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

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

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

MRSI is in positive zone. This is a BUY 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 69.33 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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