Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Roots Corp (TSE:ROOT)
Long-Term Downtrend (-90) - ROOT is in a strong downtrend that is likely to continue. While ROOT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ROOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ROOT
The long-term trend has been DOWN since Aug 14th, 2023 at 2.85
The intermediate-term trend has been DOWN since Nov 15th, 2023 at 2.65
The short-term trend has been DOWN since Dec 6th, 2023 at 2.52
Smart Scan Analysis for ROOT
Based on our trend formula, ROOT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||13.55||Year High Date||2018-05-04|
|Year Low||3.92||Year Low Date||2018-11-20|
|52wk High||13.55||52wk High Date||2018-05-04|
|52wk Low||3.92||52wk Low Date||2018-11-20|