(Root Inc. )
| ROOT latest price $1.6450 (-1.2%) ($1.6450 - $1.6450) on Thu. Mar. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.77% (three month average) |
RSI | 51 |
Latest Price | $1.6450(-1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 1.3% a day on average for past five trading days. |
Weekly Trend | ROOT declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) IBUY(73%) SKYY(73%) IPO(72%) ARKK(71%) BLOK(70%) |
Factors Impacting ROOT price | ROOT will decline at least -2.885% in a week (0% probabilities). VIXM(-65%) VXX(-42%) UUP(-27%) EDOC(-21%) UNG(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.885% (StdDev 5.77%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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