Root (ROOT, $70.09) was a top quarterly gainer, rising +754.76%. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
05/02/24
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ROOT - Root
Top quarter jump
Bearish Trend
Odds of DOWN Trend

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Price: $70.09
Daily change: +$0.44 (+0.63%)
Daily volume: 2.2M
3-month price change: +$61.89 (+754.76%)
Capitalization: $1B
Industry: Property/Casualty Insurance
Root (ROOT, $70.09) was one of top quarterly gainers, jumping +75 to $70.09 per share. A.I.dvisor analyzed 86 stocks in the Property/Casualty Insurance Industry over the last three months, and discovered that of them (7) charted an Uptrend while of them (2) trended down. A.I.dvisor found 77 similar cases when ROOT's price went up within three months. In out of those 77 cases, ROOT's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for ROOT are
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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