Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-10 View latest technical analysis

10 day averaged volume of is 543890

Date Daily Closing Price Open High Low Volume
10 Wed Apr 2024 76.87 76.82 83.50 75.00 1.195 times
09 Tue Apr 2024 80.27 78.52 85.99 76.20 1.333 times
08 Mon Apr 2024 78.27 83.00 83.79 72.24 1.416 times
05 Fri Apr 2024 82.90 70.72 83.81 70.20 1.976 times
04 Thu Apr 2024 70.93 69.37 73.76 68.21 1.108 times
03 Wed Apr 2024 68.11 61.40 68.97 61.21 0.866 times
02 Tue Apr 2024 62.08 58.00 62.43 55.22 0.653 times
01 Mon Apr 2024 60.52 61.00 65.19 59.56 0.675 times
28 Thu Mar 2024 61.08 56.61 61.50 55.60 0.894 times
27 Wed Mar 2024 56.04 59.19 59.46 54.82 0.575 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72.3, but if it comes below 72.3, then a intra day sell could be more profitable.
If you take a sell trade below 72.3, then use 72.3 as stoploss and 61.05 as target. However if you take a buy trade in stock , then use 72.3 as stoploss and 85.7 as target.

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 70.74
Downside Intraday Target 64.62
Upside Intraday Target 84.49
Upside Intraday Target 92.12
Upside Intraday Target 78.37

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
10 Wed Apr 2024 76.87 83.00 85.99 72.24 0.747 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
10 Wed Apr 2024 76.87 61.00 85.99 55.22 0.264 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 losing momentum.

MACD generated a BUY signal for in short term and the buy signal is strong.

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 72.89 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 losing momentum.

MACD generated a BUY signal for in short term and the buy signal is strong.

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 72.89 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
Back to top | Use Dark Theme