(Root Inc. )
| ROOT latest price $1.7450 (4.18%) ($1.7450 - $1.7450) on Wed. Apr. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 43 |
Latest Price | $1.7450(4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 0.6% a day on average for past five trading days. |
Weekly Trend | ROOT declines -5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) ACES(72%) PAVE(93%) QQQ(83%) SKYY(75%) IPO(74%) |
Factors Impacting ROOT price | ROOT will decline at least -3.18% in a week (0% probabilities). BNDX(-27%) SHY(-16%) IGOV(-10%) BND(-9%) UUP(-4%) |
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 | -3.18% (StdDev 6.36%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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