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Stock Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

Root, Inc. (NASDAQ:ROOT)

Sidelines Mode (-55) - ROOT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_ROOT
Open High Low ROOT Price Change
10.57 10.81 10.26 10.42 -0.38
Entry Signal

MarketClub’s Trade Triangles for ROOT

long term up The long-term trend has been UP since Jun 7th, 2023 at 5.78

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 10.29

short term up The short-term trend has been UP since Sep 20th, 2023 at 11.00

Smart Scan Analysis for ROOT

Based on our trend formula, ROOT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ROOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.57 10.81 10.26 10.42 -0.38
Prev. Close Volume Bid Ask Time
10.80 42131 2023-09-21 15:59:23
52wk High14.852wk High Date2023-06-22
52wk Low3.3152wk Low Date2023-03-15
Average Volume91,109Shares Outstanding14,500
Assets120,110,000MLiabilities845,400,000M
P/E Ratio-0.54890000
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