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Stock Trend Analysis Report

Prepared for you on Saturday, December 7, 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.

NASDAQ_ROOT
Open High Low ROOT Price Change
95.4200 98.3600 92.8093 97.6100 +1.9000
Entry Signal

MarketClub’s Trade Triangles for ROOT

long term up The long-term trend has been UP since Oct 31st, 2024 at 86.0100

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2024 at 46.7299

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 91.9800

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).

+85
Smart Scan Analysis for ROOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.4200 98.3600 92.8093 97.6100 +1.9000
Prev. Close Volume Bid Ask Time
97.6800 279227 2024-12-06 15:59:47
52wk High118.1552wk High Date2024-10-31
52wk Low7.2252wk Low Date2024-02-09
Average Volume620,011Shares Outstanding15,700
Assets156,190,000MLiabilities126,800,000M
P/E Ratio-0.54890000
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