(Root Inc. )
| ROOT latest price $2.0600 (-3.51%) ($2.0100 - $2.0600) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.71% (three month average) |
RSI | 59 |
Latest Price | $2.0600(-3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 7.7% a day on average for past five trading days. |
Weekly Trend | ROOT advances 8.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) IBUY(75%) SKYY(75%) ACES(74%) IPO(74%) BOTZ(73%) |
Factors Impacting ROOT price | ROOT will decline at least -3.355% in a week (0% probabilities). VXX(-56%) UUP(-21%) TBT(-17%) UNG(-9%) GLD(-3%) |
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 | -3.355% (StdDev 6.71%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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