(Root Inc. )
| ROOT latest price $13.2050 (-8.62%) ($13.2050 - $13.2050) on Mon. Mar. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 57 |
Latest Price | $13.2050(-8.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 2.2% a day on average for past five trading days. |
Weekly Trend | ROOT advances 6.8% a week on average for past two weeks. |
Market Behavior | Normal 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(59%) IBUY(59%) ACES(58%) ARKG(56%) IPO(56%) |
Factors Impacting ROOT price | ROOT will decline at least -2.945% in a week (0% probabilities). VIXM(-38%) VXX(-33%) IGOV(-18%) UUP(-11%) TLT(-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 | -2.945% (StdDev 5.89%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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