Technical Analysis for ROOT - Root, Inc.

Grade Last Price % Change Price Change
F 13.02 0.54% 0.07
ROOT closed down 3.65 percent on Friday, March 5, 2021, on approximately normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical ROOT trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.54%
Hammer Candlestick Bullish 0.54%
Calm After Storm Range Contraction 0.54%
New 52 Week Low Weakness 0.54%
Wide Bands Range Expansion 0.54%
Oversold Stochastic Weakness 0.54%
New 52 Week Closing Low Bearish -3.13%
Calm After Storm Range Contraction -3.13%
New 52 Week Low Weakness -3.13%
Wide Bands Range Expansion -3.13%
Older End-of-Day Signals for ROOT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 1% 22 minutes ago
Down 3% about 1 hour ago
Down 2 % about 1 hour ago
Down 1% about 1 hour ago
Lower Bollinger Band Support 3 days ago
View Earlier Intraday Alerts

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Profile

Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern customer experience. Root's modern, mobile-first customer experience is designed to make insurance simple.
Classification

Sector: Financial Services
Industry: Insurance—Property & Casualty
Keywords: Insurance Service Industries Services Marketing Personal Insurance

Is ROOT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 29.48
52 Week Low 11.85
Average Volume 2,301,205
200-Day Moving Average 0.00
50-Day Moving Average 18.53
20-Day Moving Average 17.51
10-Day Moving Average 14.80
Average True Range 1.63
ADX 29.88
+DI 13.67
-DI 35.24
Chandelier Exit (Long, 3 ATRs ) 18.04
Chandelier Exit (Short, 3 ATRs ) 16.73
Upper Bollinger Band 23.66
Lower Bollinger Band 11.36
Percent B (%b) 0.13
BandWidth 70.24
MACD Line -1.75
MACD Signal Line -1.18
MACD Histogram -0.569
Fundamentals Value
Market Cap 769.79 Million
Num Shares 59.4 Million
EPS
Price-to-Sales 8.88
Price-to-Book 47.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.37
Resistance 3 (R3) 15.27 14.36 14.96
Resistance 2 (R2) 14.36 13.75 14.41 14.83
Resistance 1 (R1) 13.66 13.37 13.21 13.76 14.69
Pivot Point 12.75 12.75 12.53 12.80 12.75
Support 1 (S1) 12.05 12.14 11.60 12.15 11.21
Support 2 (S2) 11.14 11.76 11.19 11.07
Support 3 (S3) 10.44 11.14 10.94
Support 4 (S4) 10.54