(Root Inc. )
| ROOT latest price $19.8600 (-5.43%) ($19.3300 - $21.8000) on Fri. Jan. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 61 |
Latest Price | $19.8600(-5.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 0.5% a day on average for past five trading days. |
Weekly Trend | ROOT advances 10.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) ARKK(52%) IBUY(52%) IPO(51%) ARKG(50%) SKYY(50%) |
Factors Impacting ROOT price | ROOT will decline at least -3.18% in a week (0% probabilities). VIXM(-32%) VXX(-29%) UUP(-10%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.18% (StdDev 6.36%) |
Hourly BBV | 0 () |
Intraday Trend | -7.6% |
| |
|
|