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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)

10 day averaged volume of is 521125

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 65.58 63.10 70.34 61.20 1.177 times
16 Thu May 2024 61.81 62.21 62.50 58.77 0.585 times
15 Wed May 2024 61.37 62.83 65.52 59.61 0.913 times
14 Tue May 2024 61.04 63.00 66.52 60.65 0.684 times
13 Mon May 2024 62.95 64.60 65.91 62.00 0.72 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.9 as stoploss in an intra day sell trade for a target of 62.46. However, stock will show a bullish move above 66.9.

Share price targets for (ROOT)

Target Type Value
Downside Target 7.22
Downside Target 7.93
Downside Target 11.39
Downside Target 31.90
Downside Target 34.41
Downside Target 49.52
Downside Target 52.37
Downside Target 55.42
Downside Target 58.77
Downside Target 61.50
Downside Target 65.39
Upside Target 69.53
Upside Target 71.03
Upside Target 85.99
Upside Target 86.57

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 59.45
Downside Intraday Target 53.33
Upside Intraday Target 71.02
Upside Intraday Target 76.47
Downside Intraday Target 64.9

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 65.58 64.60 70.34 58.77 0.689 times
10 Fri May 2024 63.86 56.25 71.03 55.42 0.542 times
03 Fri May 2024 56.29 65.13 86.57 52.37 3.28 times
26 Fri Apr 2024 64.40 51.62 65.39 50.08 0.7 times
19 Fri Apr 2024 51.44 65.14 69.53 49.52 0.668 times

Price has moved up 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
17 Fri May 2024 65.58 84.68 86.57 52.37 0.832 times
30 Tue Apr 2024 69.65 61.00 85.99 49.52 0.625 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 15.197 times

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 34, 17, 34 Buy
MACD 4, 5Sell
Stochastics 55None
CCI 84Buy
RSI 46Sell
OBV 5105348Sell
VWAP 64Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of ( (ROOT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 63.59 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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