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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
$4.09
$0.010(0.24%)
Canadian Market opens in 59h 41m

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 bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.86)
Trend Strength:Very Strong (ADX: 71.68)
Volatility:Low (ATR: 0.02)
Support/Resistance:$4.07 – $4.11 (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): 59.86

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 77.78

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.49

Neutral
Price change is minimal.

Takeaway:Roots Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 71.68

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 63.64

Bullish
Bullish, momentum building upward.

Takeaway:Roots Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.11
Middle Band (SMA 20)
$4.09
Lower Band
$4.07
Current Position
Within Bands

Takeaway:Roots Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$4.12
Middle Line (EMA 20)
$4.08
Lower Channel
$4.05
Squeeze Status
Squeeze On

Takeaway:Roots Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume246.39K
Money Flow Index13.16Bullish, oversold conditions signal rebound potential.
Relative Vigor Index27.32Bearish, price momentum favors sellers.

Overall Takeaway:ROOT.TO shows oversold money flow, with rebound potential building.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Roots Corporation stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: ROOT.TO) Technical Analysis FAQ