ROOTS CORP (ROOT.CA) Stock Technical Analysis
TSX:ROOT - Toronto Stock Exchange - CA7766521099 - Common Stock - Currency: CAD
Overall ROOT gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: ROOT has an average volume of 6709 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ROOT did better than 85% of all other stocks.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ROOT is part of the Specialty Retail industry. There are 16 other stocks in this industry, ROOT did better than 60% of them.
In the last month ROOT has a been trading in the 2.75 - 3.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ROOT has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.02
3.36
We found 5 important support areas.
- A support zone ranging from 2.98 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.89 from a horizontal line in the daily time frame.
- Support @2.38 from a trend line in the daily time frame.
- A support zone ranging from 2.26 to 2.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important 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 | DOWN | NEGATIVE | The short term trend for ROOT.CA is down. |
| ChartMill Relative Strength | 85.26 | POSITIVE | ROOT.CA has a high relative strength, it outperformed 85.26% 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) | UP | MIXED | The current price of ROOT.CA is below 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) | 49.74 | NEUTRAL | The RSI value for ROOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ROOT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.62 | NEUTRAL | The Stochastics value for ROOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ROOT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.79 | 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 (7/14/2025, 7:00:00 PM)
3.06
+0.04 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.32%
1 Week2.34%
2 Weeks0.99%
1 Month-7.83%
3 Month31.9%
6 Month32.47%
12 Month49.27%
2 Year0.99%
3 Year-4.67%
5 Year188.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%3.19%
ATR Inc-6.67%
Range Today0.06
ADR(20)0.08
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.26
Mansfield1.71
10 Day High3.12
10 Day Low2.75
20 Day High3.34
20 Day Low2.75
52 Week High3.34
52 Week Low1.8
CS1 End3.01
CR1 Start3.3
Volume & EV
DER(3)0%
DER(5)0%
Volume2.99K
Volume Incr-41.69%
Vol(5)3.17K
Vol(50)6.71K