(Root Inc. )
| ROOT latest price $17.1700 (-6.53%) ($16.7400 - $18.9600) on Sun. Dec. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 66 |
Latest Price | $17.1700(-6.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 3.8% 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. Normal for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting ROOT price | ROOT will decline at least -2.9% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 0 () |
Intraday Trend | -8.3% |
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