(Root Inc. )
| ROOT latest price $16.4100 (16.8%) ($14.2500 - $16.4817) on Mon. Dec. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.64% (three month average) |
RSI | 46 |
Latest Price | $16.4100(16.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 2.5% a day on average for past five trading days. |
Weekly Trend | ROOT declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) ARKK(52%) ARKG(51%) IBUY(51%) IPO(51%) ACES(49%) |
Factors Impacting ROOT price | ROOT will decline at least -2.82% in a week (0% probabilities). VIXM(-29%) VXX(-26%) UUP(-9%) EDOC(-5%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.82% (StdDev 5.64%) |
Hourly BBV | 0 () |
Intraday Trend | 13.1% |
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