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 2024-04-16 View latest technical analysis

10 day averaged volume of is 661280

Date Daily Closing Price Open High Low Volume
16 Tue Apr 2024 61.84 62.48 64.54 60.34 0.549 times
15 Mon Apr 2024 63.45 65.14 69.53 63.39 0.61 times
12 Fri Apr 2024 66.78 66.00 68.24 63.27 0.704 times
11 Thu Apr 2024 65.70 78.45 79.23 63.55 1.658 times
10 Wed Apr 2024 76.87 76.82 83.50 75.00 0.982 times
09 Tue Apr 2024 80.27 78.52 85.99 76.20 1.096 times
08 Mon Apr 2024 78.27 83.00 83.79 72.24 1.165 times
05 Fri Apr 2024 82.90 70.72 83.81 70.20 1.625 times
04 Thu Apr 2024 70.93 69.37 73.76 68.21 0.911 times
03 Wed Apr 2024 68.11 61.40 68.97 61.21 0.712 times

My analysis of stock is bearish for shortterm, and stock might move down till 53.8 or till 42. Use a stoploss of 63.68 and if the stock hits stoploss, then it can shoot up till 73.55

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 42.46
Downside Target 52.15
Downside Target 55.22
Downside Target 60.34
Upside Target 63.27
Upside Target 69.53
Upside Target 83.81
Upside Target 85.99

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 58.28
Downside Intraday Target 54.71
Upside Intraday Target 67.47
Upside Intraday Target 73.09
Upside Intraday Target 63.9

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
16 Tue Apr 2024 61.84 65.14 69.53 60.34 0.207 times
12 Fri Apr 2024 66.78 83.00 85.99 63.27 1.292 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

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
16 Tue Apr 2024 61.84 61.00 85.99 55.22 0.387 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL 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

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 73.02 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL 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

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 73.02 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 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