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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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
65.14 69.53 63.55 63.55 -3.23
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 down The short-term trend has been DOWN since Apr 11th, 2024 at 72.2400

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
65.14 69.53 63.55 63.55 -3.23
Prev. Close Volume Bid Ask Time
63.45 382834 2024-04-15 15:59:43
52wk High85.9952wk High Date2024-04-09
52wk Low3.6352wk Low Date2023-04-25
Average Volume701,404Shares Outstanding14,600
Assets134,770,000MLiabilities107,000,000M
P/E Ratio-0.54890000
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