Root (ROOT, $61.84) entered Downtrend as Momentum indicator drops below 0 level on Apr 16, 2024

A.I.dvisor
at Tickeron.com
04/17/24
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ROOT - Root
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $61.84
Daily change: -$1.61 (-2.54%)
Daily volume: 363.2K
Capitalization: $899.1M
Industry: Property/Casualty Insurance
This indicator may be signaling that ROOT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 54 similar cases where ROOT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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ROOTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PropertyCasualtyInsurance

Profile
Fundamentals
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Industry
N/A
Address
80 E. Rich Street
Phone
+1 866 980-9431
Employees
680
Web
https://ir.joinroot.com