Roots Corp Stock Momentum Indicators Commodity Channel Index

ROOT Stock  CAD 2.01  0.12  5.63%   
Roots Corp momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Roots Corp. Roots Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Roots Corp are pattern recognition functions that provide distinct formation on Roots Corp potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nine with a total number of output elements of fifty-two. The Commodity Channel Index (CCI) is designed to detect Roots Corp beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Roots Corp is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Roots Corp Technical Analysis Modules

Most technical analysis of Roots Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Roots from various momentum indicators to cycle indicators. When you analyze Roots charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Roots Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Roots Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Roots Corp based on widely used predictive technical indicators. In general, we focus on analyzing Roots Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Roots Corp's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Roots Corp's intrinsic value. In addition to deriving basic predictive indicators for Roots Corp, we also check how macroeconomic factors affect Roots Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.03660.0385
Price To Sales Ratio0.360.34
Hype
Prediction
LowEstimatedHigh
0.102.014.42
Details
Intrinsic
Valuation
LowRealHigh
0.102.044.46
Details
Naive
Forecast
LowNextHigh
0.041.974.38
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.060.060.06
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Roots Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Roots Corp's short interest history, or implied volatility extrapolated from Roots Corp options trading.

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Other Information on Investing in Roots Stock

Roots Corp financial ratios help investors to determine whether Roots Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Roots with respect to the benefits of owning Roots Corp security.