ROOT (NASDAQ)

ROOT NASDAQ

Root Class A

STAY LONG

39.88

Prev.Close

39.06

Change

+0.8200

Change%

+2.10%

BEARISH DESCENDING HAWK

Bought at

39.00

Open

39.69

High

40.48

Low

38.50

39.88

Gain%

+2.27%

Signal History

Date	Price	Signal	Change%		$100⇨
10/02	39.00	BUY	+2.3%	✔	275
09/20	39.64	SHORT	-1.6%	✔	272
09/17	40.96	BUY	-3.2%	❌	282
08/21	46.94	SHORT	-12.7%	✔	251
08/12	46.70	BUY	+0.5%	✔	251
07/19	78.19	SELL	-40.3%	✔	251
06/25	45.47	BUY	+71.9%	✔ 👍	146
06/10	48.80	SHORT	-6.8%	✔	138
06/05	51.36	BUY	-5.0%	❌	145
05/21	63.14	SELL	-18.7%	✔	146
05/17	63.72	BUY	-0.9%	❌	147
05/02	66.30	SELL	-3.9%	✔	148
04/22	52.69	BUY	+25.8%	✔ 👍	118
04/15	64.47	SHORT	-18.3%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 10/02/2024, 2 days ago, when the stock price was 39.00. Since then ROOT has risen by +2.27%.

Market Outlook

The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. The current price is quite distant from the confirmation level, so the probability of a bearish confirmation is very low. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security. The Delayed Intraday Module is OFF.

Pattern Description

This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white. more...

Date	Price	Signal	Change%		$100⇨
10/02	39.00	BUY	+2.3%	✔	9,259
09/20	39.64	SHORT	-1.6%	✔	9,147
09/17	40.96	BUY	-3.2%	❌	9,490
08/21	46.94	SHORT	-12.7%	✔	8,451
08/12	46.70	BUY	+0.5%	✔	8,442
07/19	78.19	SELL	-40.3%	✔	8,459
06/25	45.47	BUY	+71.9%	✔ 👍	4,929
06/10	48.80	SHORT	-6.8%	✔	4,633
06/05	51.36	BUY	-5.0%	❌	4,895
05/21	63.14	SELL	-18.7%	✔	4,905
05/17	63.72	BUY	-0.9%	❌	4,960
05/02	66.30	SELL	-3.9%	✔	4,970
04/22	52.69	BUY	+25.8%	✔ 👍	3,957
04/15	64.47	SHORT	-18.3%	✔	3,359
04/02	60.03	BUY	+7.4%	✔	3,140
03/27	56.66	SELL	+5.9%	❌	3,147
03/13	44.37	BUY	+27.7%	✔ 👍	2,469
03/11	43.85	SELL	+1.2%	❌	2,474
02/23	13.77	BUY	+218.4%	✔ 👍	778
02/21	8.82	SELL	+56.1%	❌	780
02/09	7.56	BUY	+16.7%	✔ 👍	669
01/10	10.69	SELL	-29.3%	✔	671
01/08	10.84	BUY	-1.4%	❌	682
12/27	10.72	SELL	+1.1%	❌	683
12/14	10.18	BUY	+5.3%	✔	650
12/07	11.28	SELL	-9.8%	✔	651
11/29	9.65	BUY	+16.9%	✔ 👍	558
11/09	10.03	SELL	-3.8%	✔	559
11/02	9.43	BUY	+6.4%	✔	527
10/20	9.34	SHORT	+1.0%	❌	534
10/17	10.18	BUY	-8.3%	❌	584
10/13	9.93	SELL	+2.5%	❌	586
10/05	8.96	BUY	+10.8%	✔ 👍	529
09/25	9.94	SHORT	-9.9%	✔	484
09/20	10.80	BUY	-8.0%	❌	528
09/08	11.39	SELL	-5.2%	✔	529
08/23	9.38	BUY	+21.4%	✔ 👍	436
08/04	10.22	SHORT	-8.2%	✔	405
07/31	10.21	BUY	+0.1%	✔	406
07/21	11.34	SELL	-10.0%	✔	407