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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Root, Inc. (NASDAQ:ROOT)

Strong Uptrend (+100) - ROOT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ROOT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
56.61 61.50 55.60 61.05 +5.01
Entry Signal

MarketClub’s Trade Triangles for ROOT

long term up The long-term trend has been UP since Feb 23rd, 2024 at 14.6000

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2024 at 9.3799

short term up The short-term trend has been UP since Mar 25th, 2024 at 55.5800

Smart Scan Analysis for ROOT

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

+100
Smart Scan Analysis for ROOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.61 61.50 55.60 61.05 +5.01
Prev. Close Volume Bid Ask Time
56.04 474695 2024-03-28 15:59:54
52wk High60.5852wk High Date2024-03-18
52wk Low3.6352wk Low Date2023-04-25
Average Volume1,034,467Shares Outstanding14,600
Assets134,770,000MLiabilities107,000,000M
P/E Ratio-0.54890000
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