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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 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.
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MarketClub’s Trade Triangles for ROOT
The long-term trend has been UP since Feb 23rd, 2024 at 14.60
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 52.15
The short-term trend has been UP since Apr 23rd, 2024 at 56.22
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.2500 | 59.4600 | 54.8739 | 58.9600 | +4.4900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.1700 | 408458 | 2024-04-23 15:59:41 |
| 52wk High | 85.99 | 52wk High Date | 2024-04-09 |
| 52wk Low | 3.63 | 52wk Low Date | 2023-04-25 |
| Average Volume | 531,328 | Shares Outstanding | 14,600 |
| Assets | 134,770,000M | Liabilities | 107,000,000M |
| P/E Ratio | -0.54890000 |