ROOTS CORP (ROOT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ROOT - CA7766521099 - Common Stock
Taking everything into account, ROOT scores 1 out of 10 in our technical rating. ROOT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ROOT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.04, a Stop Loss order could be placed below this zone.
More info and screens
2.91
2 important support areas can be observed.
- A support zone ranging from 3.00 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.94 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.17 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.42 to 3.46. 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 | DOWN | NEGATIVE | The long term trend for ROOT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROOT.CA is down. |
| ChartMill Relative Strength | 63.28 | NEUTRAL | ROOT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROOT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROOT.CA is below a declining 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) | 42.13 | 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) | 25.38 | NEUTRAL | The Stochastics value for ROOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ROOT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.75 | NEUTRAL | The ADX value for ROOT.CA suggests a possible start of a new trend. |
TSX:ROOT (1/5/2026, 7:00:00 PM)
3.06
+0.01 (+0.33%)
ROOTS CORP / ROOT.CA FAQ
What is the technical rating for ROOT stock?
ChartMill assigns a technical rating of 1 / 10 to ROOT.CA.
What is the current trend direction of ROOTS CORP (ROOT.CA) stock?
The current trend direction for ROOTS CORP (ROOT.CA) is Bearish.
What is the RSI signal for ROOTS CORP (ROOT.CA) stock?
ROOTS CORP (ROOT.CA) has an RSI value of 42.131. This indicates that the stock is currently neutral.
What is the MACD signal for ROOTS CORP (ROOT.CA) stock?
The MACD indicator for ROOTS CORP (ROOT.CA) has a value of -0.00451564, indicating a bearish trend.
What is the buy/sell signal for ROOT stock?
The buy/sell signal for ROOTS CORP (ROOT.CA) is sell as both the short term and long term trends are negative.