USA - NASDAQ:ROOT - US77664L2079 - Common Stock
Overall ROOT gets a technical rating of 0 out of 10. ROOT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ROOT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 80.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ROOT in the last couple of days, which is a good sign.
74.64
We found 2 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for ROOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROOT is down. |
| ChartMill Relative Strength | 28.08 | NEGATIVE | ROOT has a low relative strength, it was outperformed by 71.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ROOT is above 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) | DOWN | NEGATIVE | The current price of ROOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.67 | NEUTRAL | The RSI value for ROOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests ROOT has a positive trend. |
| Stochastics (14,3) | 38.28 | NEUTRAL | The Stochastics value for ROOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for ROOT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for ROOT suggests a weak or negative trend. |
NASDAQ:ROOT (11/4/2025, 3:44:28 PM)
79.81
-0.98 (-1.21%)
ChartMill assigns a technical rating of 0 / 10 to ROOT.
The current trend direction for ROOT INC/OH -CLASS A (ROOT) is Bearish.
ROOT INC/OH -CLASS A (ROOT) has an RSI value of 46.6669. This indicates that the stock is currently neutral.
The buy/sell signal for ROOT INC/OH -CLASS A (ROOT) is sell as both the short term and long term trends are negative.
ROOT INC/OH -CLASS A (ROOT) has a support level at 79.64 and a resistance level at 80.8. Check the full technical report for our detailed analysis of ROOT support and resistance levels.