(Root Inc. )
| ROOT latest price $10.9550 (3.25%) ($10.9550 - $10.9550) on Mon. Apr. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 34 |
Latest Price | $10.9550(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ROOT advances 1.7% a day on average for past five trading days. |
Weekly Trend | ROOT declines -6.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ROOT advance at 0% a week (0% probability) ARKK(61%) IBUY(61%) ACES(60%) ARKG(59%) IPO(58%) |
Factors Impacting ROOT price | ROOT will decline at least -2.27% in a week (0% probabilities). VIXM(-39%) VXX(-34%) UUP(-12%) TLT(-3%) GLD(-2%) |
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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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