Stock Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
Root, Inc. (NASDAQ:ROOT)
Bear Market Rally (-75) - ROOT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ROOT as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for ROOT
The long-term trend has been DOWN since Oct 30th, 2020 at 24.0500
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 18.8400
The short-term trend has been UP since Apr 8th, 2021 at 12.6305
Smart Scan Analysis for ROOT
Based on our trend formula, ROOT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.48||52wk High Date||2020-10-28|
|52wk Low||10.45||52wk Low Date||2021-03-17|
|Average Volume||5,658,710||Shares Outstanding||251,695|