Logo image of ROOT

ROOT INC/OH -CLASS A (ROOT) Stock Technical Analysis

NASDAQ:ROOT - Nasdaq - US77664L2079 - Common Stock - Currency: USD

116.14  +4.11 (+3.67%)

After market: 117.456 +1.32 (+1.13%)

Technical Rating and Analysis

10

Overall ROOT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ROOT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ROOT did better than 99% of all other stocks. On top of that, ROOT also shows a nice and consistent pattern of rising prices.
ROOT is part of the Insurance industry. There are 144 other stocks in this industry. ROOT outperforms 99% of them.
ROOT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ROOT has a been trading in the 72.40 - 117.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ROOT INC/OH -CLASS A / ROOT Weekly stock chart
ROOT INC/OH -CLASS A / ROOT Daily stock chart
Setup Rating and Analysis

3

Although ROOT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

85.31

117.30

When analyzing the support we notice one important area.

  • A support zone ranging from 86.17 to 86.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.69
Mansfield7.18
10 Day High117.55
10 Day Low77.65
20 Day High117.55
20 Day Low72.4
52 Week High118.15
52 Week Low8.6
Performance
1 Week9.36%
2 Weeks43.74%
1 Month50.5%
3 Month30.63%
6 Month137.02%
12 Month1203.48%
2 Year2218.16%
3 Year256.48%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)2.78
RSI(14)77.68
LBB72.38
UBB121.21
ROOT INC/OH -CLASS A / ROOT Daily stock chart

ROOT INC/OH -CLASS A

NASDAQ:ROOT (2/10/2025, 8:21:13 PM)

After market: 117.456 +1.32 (+1.13%)

116.14

+4.11 (+3.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg3.67%
1 Week9.36%
2 Weeks43.74%
1 Month50.5%
3 Month30.63%
6 Month137.02%
12 Month1203.48%
2 Year2218.16%
3 Year256.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.81
ATR(20)%5.8%
ATR Inc2.86%
Range Today8.62
ADR(20)6.7
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.69
Mansfield7.18
10 Day High117.55
10 Day Low77.65
20 Day High117.55
20 Day Low72.4
52 Week High118.15
52 Week Low8.6
CS1 End86.29
CR1 StartN/A
Volume & EV
DER(3)3.77%
DER(5)2.71%
Volume408.60K
Volume Incr-9.1%
Vol(5)338.68K
Vol(50)351.34K