(Root Inc. )
| ROOT latest price $20.1550 (-1.83%) ($19.5400 - $21.1500) on Fri. Jan. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.27% (three month average) |
RSI | 55 |
Latest Price | $20.1550(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 0.6% a day on average for past five trading days. |
Weekly Trend | ROOT advances 2.5% 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) IBUY(54%) ARKK(53%) ACES(51%) ARKG(51%) IPO(51%) |
Factors Impacting ROOT price | ROOT will decline at least -3.135% in a week (0% probabilities). VIXM(-32%) VXX(-28%) UUP(-12%) TLT(-4%) 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 | -3.135% (StdDev 6.27%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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