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.
The technical rating of ROOT is bad and it also does not present a quality setup 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.
More info and screens
74.78
When analyzing the support we notice one important area.
- Support @75.54 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 79.03 to 83.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @84.58 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 | DOWN | NEGATIVE | The long term trend for ROOT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ROOT is neutral. |
| ChartMill Relative Strength | 21.71 | NEGATIVE | ROOT has a low relative strength, it was outperformed by 78.29% 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) | DOWN | NEGATIVE | The current price of ROOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.28 | NEUTRAL | The RSI value for ROOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ROOT has a negative trend. |
| Stochastics (14,3) | 26.7 | NEUTRAL | The Stochastics value for ROOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for ROOT suggests high volalility. |
| Average Directional Index/ADX (14) | 10.1 | NEGATIVE | The low ADX value for ROOT suggests a weak or negative trend. |
76.17
-3.83 (-4.79%)
ROOT INC/OH -CLASS A / ROOT FAQ
What is the technical rating for ROOT stock?
ChartMill assigns a technical rating of 0 / 10 to ROOT.
Can you provide the trend direction for ROOT INC/OH -CLASS A?
The current trend direction for ROOT INC/OH -CLASS A (ROOT) is Bearish.
What is the RSI signal for ROOT INC/OH -CLASS A (ROOT) stock?
ROOT INC/OH -CLASS A (ROOT) has an RSI value of 43.2776. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ROOT INC/OH -CLASS A?
ROOT INC/OH -CLASS A (ROOT) has a support level at 75.54 and a resistance level at 79.03. Check the full technical report for our detailed analysis of ROOT support and resistance levels.