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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Root, Inc. (NASDAQ:ROOT)
Long-Term Uptrend (+90) - ROOT is in a strong uptrend that is likely to continue. While ROOT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ROOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ROOT
The long-term trend has been UP since Feb 23rd, 2024 at 14.6000
The intermediate-term trend has been UP since May 1st, 2024 at 85.9900
The short-term trend has been UP since May 8th, 2024 at 63.1799
Smart Scan Analysis for ROOT
Based on our trend formula, ROOT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.000 | 64.480 | 61.810 | 62.525 | -0.445 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.970 | 349882 | 2024-05-08 15:59:38 |
| 52wk High | 86.57 | 52wk High Date | 2024-05-01 |
| 52wk Low | 4.2915 | 52wk Low Date | 2023-05-26 |
| Average Volume | 672,639 | Shares Outstanding | 14,600 |
| Assets | 143,230,000M | Liabilities | 115,460,000M |
| P/E Ratio | -0.54890000 |