Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Root, Inc. (NASDAQ:ROOT)
Long-Term Downtrend (-90) - ROOT is in a strong downtrend that is likely to continue. While ROOT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 24.05
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 18.84
The short-term trend has been DOWN since Feb 8th, 2021 at 20.92
Smart Scan Analysis for ROOT
Based on our trend formula, ROOT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.48||52wk High Date||2020-10-28|
|52wk Low||12.85||52wk Low Date||2021-02-26|
|Average Volume||1,736,402||Shares Outstanding||250,799|