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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 2024-04-09 View latest technical analysis

10 day averaged volume of is 508090

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 80.27 78.52 85.99 76.20 1.427 times
08 Mon Apr 2024 78.27 83.00 83.79 72.24 1.516 times
05 Fri Apr 2024 82.90 70.72 83.81 70.20 2.115 times
04 Thu Apr 2024 70.93 69.37 73.76 68.21 1.186 times
03 Wed Apr 2024 68.11 61.40 68.97 61.21 0.927 times
02 Tue Apr 2024 62.08 58.00 62.43 55.22 0.698 times
01 Mon Apr 2024 60.52 61.00 65.19 59.56 0.723 times
28 Thu Mar 2024 61.08 56.61 61.50 55.60 0.957 times
27 Wed Mar 2024 56.04 59.19 59.46 54.82 0.616 times
26 Tue Mar 2024 58.38 57.72 59.42 56.31 0.541 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 84.1, for a target of 70.6 or 59.39

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 83.81
Upside Target 85.99

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 73.01
Downside Intraday Target 65.75
Upside Intraday Target 86.76
Upside Intraday Target 93.25
Downside Intraday Target 79.5

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 80.27 83.00 85.99 72.24 0.521 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
09 Tue Apr 2024 80.27 61.00 85.99 55.22 0.23 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 moving up

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 71.68 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 moving up

CCI has generated a buy signal for in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 71.68 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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