ROOTS CORP (ROOT.CA) Stock Technical Analysis
TSX:ROOT - Toronto Stock Exchange - CA7766521099 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ROOT. Both in the recent history as in the last year, ROOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ROOT has an average volume of 9758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ROOT did better than 90% of all other stocks.
ROOT is one of the better performing stocks in the Specialty Retail industry, it outperforms 73% of 16 stocks in the same industry.
ROOT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ROOT has a been trading in the 2.98 - 3.34 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ROOT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.02
3.36
5 important support areas can be observed.
- A support zone ranging from 3.13 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.02 to 3.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.26 from a horizontal line in the daily time frame.
- Support @2.04 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.33 to 3.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ROOT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROOT.CA is up. |
| ChartMill Relative Strength | 90.68 | POSITIVE | ROOT.CA has a high relative strength, it outperformed 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROOT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROOT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROOT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.17 | NEUTRAL | The RSI value for ROOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ROOT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.52 | OVERBOUGHT | The high Stochastics value suggests ROOT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ROOT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.03 | POSITIVE | The high ADX value value for ROOT.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ROOT (6/16/2025, 7:00:00 PM)
3.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0%
1 Week9.57%
2 Weeks6.75%
1 Month5.73%
3 Month47.56%
6 Month50.91%
12 Month58.1%
2 Year7.44%
3 Year6.41%
5 Year169.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.63%
ATR Inc-0.4%
Range Today0.05
ADR(20)0.07
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.68
Mansfield3.46
10 Day High3.34
10 Day Low2.98
20 Day High3.34
20 Day Low2.98
52 Week High3.34
52 Week Low1.8
CS1 End3.16
CR1 Start3.33
Volume & EV
DER(3)0%
DER(5)0%
Volume5.17K
Volume Incr20.24%
Vol(5)8.74K
Vol(50)9.76K