ROOTS CORP (ROOT.CA) Stock Technical Analysis
TSX:ROOT - CA7766521099 - Common Stock
3.15 CAD
0 (0%)
We assign a technical rating of 6 out of 10 to ROOT. In the last year, ROOT was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: ROOT has an average volume of 2739 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ROOT is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by ROOT over the past year are nicely spread over this period.
ROOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ROOT is lagging the market slightly.
In the last month ROOT has a been trading in the 2.81 - 3.25 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ROOT is an average performer in the Specialty Retail industry, it outperforms 62% of 17 stocks in the same industry.
Although the technical rating is only medium, ROOT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.24
3.36
6 important support areas can be observed.
- Support @3.01 from a horizontal line in the weekly time frame.
- Support @2.89 from a horizontal line in the daily time frame.
- Support @2.63 from a trend line in the weekly time frame.
- Support @2.43 from a trend line in the daily time frame.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.26 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.30 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 | NEUTRAL | NEUTRAL | The short term trend for ROOT.CA is neutral. |
| ChartMill Relative Strength | 75.27 | POSITIVE | ROOT.CA has a high relative strength, it outperformed 75.27% off all stocks 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 | MIXED | The current price of ROOT.CA is above 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) | 44.59 | NEUTRAL | The RSI value for ROOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ROOT.CA has a negative trend. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for ROOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for ROOT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.72 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.18 | 3.00 | 0.18 (5.66%) | 17.67% |
| An entry @3.18. This is a Buy Stop order right above the resistance zone. | An exit @3.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.18 points, which is 5.66%. | When investing 17.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ROOT (8/29/2025, 7:00:00 PM)
3.15
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0%
1 Week-0.96%
2 Weeks-2.82%
1 Month-3.73%
3 Month0.65%
6 Month21.09%
12 Month47.62%
2 Year5.08%
3 Year1.64%
5 Year138.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3%
ATR Inc-25.83%
Range Today0.09
ADR(20)0.08
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.27
Mansfield1.1
10 Day High3.23
10 Day Low2.97
20 Day High3.25
20 Day Low2.81
52 Week High3.34
52 Week Low1.8
CS1 End3.01
CR1 Start3.14
Volume & EV
DER(3)0%
DER(5)0%
Volume3.70K
Volume Incr-21.51%
Vol(5)1.77K
Vol(50)2.74K