(Root Inc. )
| ROOT latest price $2.1350 (17.63%) ($2.1350 - $2.1350) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.69% (three month average) |
RSI | 58 |
Latest Price | $2.1350(17.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 7.6% a day on average for past five trading days. |
Weekly Trend | ROOT advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) IBUY(76%) SKYY(76%) BOTZ(75%) IPO(75%) ACES(74%) |
Factors Impacting ROOT price | ROOT will decline at least -3.345% in a week (0% probabilities). VIXM(-95%) VXX(-54%) UUP(-29%) TBT(-14%) GLD(-12%) |
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 | -3.345% (StdDev 6.69%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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