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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Root, Inc. (NASDAQ:ROOT)
Countertrend Up (+85) - ROOT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Jul 1st, 2024 at 52.0973
The short-term trend has been DOWN since Jul 22nd, 2024 at 76.0100
Smart Scan Analysis for ROOT
Based on our trend formula, ROOT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.78 | 69.78 | 65.30 | 68.00 | +1.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.28 | 175521 | 2024-07-26 15:59:54 |
| 52wk High | 86.57 | 52wk High Date | 2024-05-01 |
| 52wk Low | 7.22 | 52wk Low Date | 2024-02-09 |
| Average Volume | 433,058 | Shares Outstanding | 14,900 |
| Assets | 143,230,000M | Liabilities | 115,460,000M |
| P/E Ratio | -0.54890000 |