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Roots Corporation

ROOT.TO Technical Analysis Summary (TSX)

Analyze ROOT.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ROOT.TO●TSX
Consumer CyclicalApparel - Retail
$3.35
$0.07(2.05%)
Canadian Market opens in 11h 21m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ROOT.TO Technical Analysis Summary (TSX)

Roots Corporation (TSX: ROOT.TO) stock currently shows a bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.76)
Trend Strength:Strong (ADX: 34.19)
Volatility:High (ATR: 0.17)
Support/Resistance:$3.15 – $3.99 (Bollinger Bands)

Technical conditions suggest Roots Corporation on the TSX is awaiting a decisive move. Overall, Roots Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.03

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.24

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -12.82

Strongly Bearish
Sharp downside momentum.

Takeaway:Roots Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.19

Strong
Strong trend, momentum well established.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -3.86

Neutral
Neutral, no strong directional signal.

Takeaway:Roots Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.99
Middle Band (SMA 20)
$3.57
Lower Band
$3.15
Current Position
Within Bands

Takeaway:Roots Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.91
Middle Line (EMA 20)
$3.57
Lower Channel
$3.24
Squeeze Status
No Squeeze

Takeaway:Roots Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume112.06K
Money Flow Index35.81Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.91Bearish, price momentum favors sellers.

Overall Takeaway:ROOT.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Roots Corporation (TSX: ROOT.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Roots Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: ROOT.TO) Technical Analysis FAQ