ROOT INC/OH -CLASS A (ROOT) Stock Technical Analysis
NASDAQ:ROOT - Nasdaq - US77664L2079 - Common Stock - Currency: USD
Overall ROOT gets a technical rating of 4 out of 10. Although ROOT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ROOT has a been trading in the 110.78 - 134.00 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that ROOT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by ROOT over the past year are nicely spread over this period.
ROOT is one of the better performing stocks in the Insurance industry, it outperforms 97% of 143 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ROOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ROOT is lagging the market slightly.
Although the technical rating is only medium, ROOT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
76.73
153.36
When analyzing the support we can see 3 important areas.
- Support @115.76 from a horizontal line in the weekly time frame.
- Support @113.06 from a horizontal line in the daily time frame.
- Support @77.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 121.48 to 122.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 128.68 to 131.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @142.47 from a trend line in the daily time frame.
- Resistance @145.53 from a trend line in the weekly time frame.
- Resistance @151.84 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ROOT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROOT is down. |
| ChartMill Relative Strength | 92 | POSITIVE | ROOT has a high relative strength, it outperformed 92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.68 | NEUTRAL | The RSI value for ROOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ROOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.01 | NEUTRAL | The Stochastics value for ROOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for ROOT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for ROOT suggests a possible start of a new trend. |
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)
NASDAQ:ROOT (8/1/2025, 10:55:50 AM)
117.01
-4.02 (-3.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-3.32%
1 Week-2.11%
2 Weeks-4.68%
1 Month-2.17%
3 Month-15.42%
6 Month24.13%
12 Month114.55%
2 Year1011.39%
3 Year540.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.06
ATR(20)%5.43%
ATR Inc16.37%
Range Today1.97
ADR(20)6.23
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92
Mansfield1.33
10 Day High134
10 Day Low110.78
20 Day High134
20 Day Low110.78
52 Week High181.14
52 Week Low34.04
CS1 End115.76
CR1 Start121.48
Volume & EV
DER(3)-3.04%
DER(5)-2.29%
Volume2.95K
Volume Incr-1.44%
Vol(5)369.88K
Vol(50)399.68K