ROOT INC/OH -CLASS A (ROOT)

US77664L2079 - Common Stock

76.08  +3.31 (+4.55%)

After market: 76.08 0 (0%)

Technical Rating and Analysis

7

Overall ROOT gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

ROOT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that ROOT is one of the better performing stocks in the market, outperforming 99% of all stocks.
ROOT is part of the Insurance industry. There are 141 other stocks in this industry. ROOT outperforms 98% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ROOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ROOT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ROOT Weekly chart
ROOT Daily chart
Setup Rating and Analysis

5

Although ROOT has an excellent technical rating, the quality of the presented setup is not ideal 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

39.93

76.84

3 important support areas can be observed.

  • A support zone ranging from 73.22 to 75.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @71.12 from a horizontal line in the daily time frame.
  • Support @40.33 from a trend line 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
CRS99.29
Mansfield3.52
10 Day High83.76
10 Day Low68.48
20 Day High104.99
20 Day Low68.48
52 Week High118.15
52 Week Low7.22
Performance
1 Week6.03%
2 Weeks-6.63%
1 Month-25.31%
3 Month102.61%
6 Month47.41%
12 Month625.95%
2 Year1594.43%
3 Year36.34%
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)-2.13
RSI(14)44.8
LBB63.43
UBB93.42
ROOT Daily chart

ROOT INC/OH -CLASS A

NASDAQ:ROOT (12/26/2024, 8:00:02 PM)

After market: 76.08 0 (0%)

76.08

+3.31 (+4.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg4.55%
1 Week6.03%
2 Weeks-6.63%
1 Month-25.31%
3 Month102.61%
6 Month47.41%
12 Month625.95%
2 Year1594.43%
3 Year36.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.26
ATR(20)%9.21%
ATR Inc-40.99%
Range Today4.83
ADR(20)6.99
ADR(20)%9.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.29
Mansfield3.52
10 Day High83.76
10 Day Low68.48
20 Day High104.99
20 Day Low68.48
52 Week High118.15
52 Week Low7.22
CS1 End75.2
CR1 StartN/A
Volume & EV
DER(3)2.34%
DER(5)1.08%
Volume213.10K
Volume Incr-40.57%
Vol(5)253.94K
Vol(50)792.73K