Trading Signals: ROOT Stock Price Prediction and Forecast

^ ROOT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Feb. 9, 2021

Trading Signals: ROOT Stock Price Prediction and Forecast (Wed. Oct. 28, 2020 - Fri. May. 13, 2022)

(Root Inc. )
ROOT latest price $21.8800 (5.5%) ($20.7500 - $21.9189) on Tue. Feb. 9, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.28% (three month average)
RSI   71
Latest Price   $21.8800(5.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ROOT advances 0.4% a day on average for past five trading days.
Weekly Trend   ROOT advances 5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support ROOT advance at 0% a week (0% probability)
ARKK(54%)    IBUY(54%)    ARKG(53%)    IPO(53%)    ACES(52%)
Factors Impacting ROOT price   ROOT will decline at least -3.14% in a week (0% probabilities).
VIXM(-34%)    VXX(-30%)    UUP(-13%)    TLT(-5%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.14% (StdDev 6.28%)
Hourly BBV 0 ()
Intraday Trend 4.2%

5 Day Moving Average   $21.73(0.69%)
10 Day Moving Average   $21.41(2.2%)
20 Day Moving Average   $20.75(5.45%)
To recent high   -5.5%
To recent low   57.3%
Market Cap   $5.508b

$. ROOT price fluctuates within 6.84% (three month std-dev: 6.28%) daily (68% of days).

Sample size 41 Average positive next day return: 2.09%(51%) Average negative next day return: -2.95%(49%) Sample size 41 Average positive next three day return: 3.87%(54%) Average negative next three day return: -4.79%(46%) Sample size 41 Average positive next weekly return: 5.87%(51%) Average negative next weekly return: -4.94%(49%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210309

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_9_2021	18.95	20.75	21.41	21.73	21.73	21.44	21.88(5.5%)	UT	HoldLong	50	0.1	11	-90	-1	47	1.09	57%	0.21	65.9	6.28%	0	0.8	71	1.1
2	Feb_8_2021	18.91	20.59	21.39	21.64	21.85	21.65	20.74(-4.73%)	UD	OpenLong	65	-0.6	12	-30	-4	58	1.86	57%	0.16	70.9	6.24%	0	0.1	60	1.1
3	Feb_5_2021	18.88	20.52	21.42	21.74	21.86	22.02	21.77(-0.64%)	UD	OpenLong	75	0	22	70	6	71	1.11	56%	0.21	85	6.24%	0	0.8	59	1.1
4	Feb_4_2021	18.84	20.36	21.22	21.42	21.6	22.05	21.91(-1.97%)	UD	OpenLong	75	0.3	21	170	9	58	1.03	56%	0.21	83.8	6.25%	0	1	54	1.1
5	Feb_3_2021	18.8	20.11	20.83	21.14	21.13	21.69	22.35(4.39%)	UT	OpenLong	75	0.7	12	180	7	28	1.02	55%	0.32	72.1	6.25%	0	1.3	46	0.7

6	Feb_2_2021	18.74	19.85	20.39	21.06	20.89	21.14	21.41(0.71%)	UT	OpenLong	75	0.2	6	60	2	19	1.81	55%	0.21	70	6.24%	0	0.9	59	-0.1
7	Feb_1_2021	18.7	19.6	20.15	21.14	21.09	20.57	21.26(5.48%)	UT	OpenLong	75	0.1	6	-180	-0	23	1.8	55%	0.21	63.7	6.24%	0	0.9	60	-1.3
8	Jan_29_2021	18.66	19.33	20	21.08	21.09	20.64	20.16(-1.83%)	UD	OpenLong	65	-0.5	1	-170	-6	22	1.45	51%	0.11	56.1	6.27%	0	0.5	55	-2.7
9	Jan_28_2021	18.64	19.16	20.07	20.96	21.22	21.61	20.53(-6.43%)	UD	OpenLong	75	-0.2	17	170	10	37	2.09	51%	0.16	46.2	6.29%	0	0.7	59	-2.2
10	Jan_27_2021	18.61	18.98	20.3	20.41	20.65	21.8	21.94(0.5%)	UT	OpenLong	75	0.7	34	430	26	57	3.9	53%	0.32	38.3	6.29%	0	1.4	68	-3

11	Jan_26_2021	18.55	18.74	20.02	19.6	19.53	20.83	21.83(4.35%)	UT	OpenLong	75	1.1	28	460	23	43	2.08	53%	0.27	36.1	6.34%	0	1.6	65	0.3
12	Jan_25_2021	18.5	18.5	19.68	19.04	18.82	19.5	20.92(6.79%)	UT	OpenLong	75	1	21	220	15	37	3.3	53%	0.22	37.9	6.37%	0	1.3	67	0.8
13	Jan_22_2021	18.46	18.36	19.51	18.82	18.62	18.24	19.59(10.18%)	UT	HoldLong	50	0.4	6	-170	-6	40	2.21	52%	0.11	47.6	6.35%	0	0.7	66	1.5
14	Jan_21_2021	18.44	18.28	19.4	19.11	19.12	18.14	17.78(-0.56%)	N/A	N/A	0	-0.7	-8	-360	-28	52	1.92	49%	-0.05	64.4	6.25%	0	-0.3	58	1.8
15	Jan_20_2021	18.45	18.22	19.34	20.18	20.07	19	17.88(-5.94%)	UD	OpenLong	65	-1.3	10	-390	-17	91	3.39	49%	-0.05	89.7	6.31%	0	-0.2	57	1.7

16	Jan_19_2021	18.46	18.06	19.32	20.45	20.9	20.1	19.01(-4.28%)	UD	OpenLong	65	-0.8	22	-200	-6	106	2	49%	0.05	95.7	6.32%	0	0.5	57	1.3
17	Jan_15_2021	18.45	17.83	19.06	20.36	20.65	21.13	19.86(-5.43%)	UD	OpenLong	75	-0.3	26	210	-0	103	2.14	49%	0.16	86.1	6.36%	0	1	61	0.7
18	Jan_14_2021	18.42	17.54	18.66	20.25	20.18	21.69	21(-9.29%)	UD	OpenLong	75	0.4	43	510	24	98	2.94	49%	0.27	80.2	6.38%	0	1.6	59	1.2
19	Jan_13_2021	18.37	17.19	18.21	19.73	19.46	20.17	23.15(20.51%)	UT	OpenLong	75	1.6	50	210	39	83	7.69	51%	0.49	71.4	6.31%	0	2.8	66	1.4
20	Jan_12_2021	18.28	16.74	17.53	18.45	18.4	18.67	19.21(3.5%)	UT	OpenLong	75	0.4	16	90	9	38	1.93	45%	0.11	62.6	5.67%	0	1.5	63	1.1

21	Jan_11_2021	18.26	16.48	17.34	18.06	17.92	18.75	18.56(-3.98%)	UD	OpenLong	75	0.3	26	300	18	49	1.7	45%	0	57	5.7%	0	1.3	71	0.2
22	Jan_8_2021	18.26	16.26	17.19	17.55	17.38	18.14	19.33(5.05%)	UT	OpenLong	75	1.1	34	280	28	53	2.64	45%	0.11	47.2	5.74%	0	1.8	73	1.6
23	Jan_7_2021	18.24	15.99	17.05	16.83	16.58	17.08	18.4(9.98%)	UT	OpenLong	75	1	23	170	14	49	2.23	45%	0.05	34.7	5.74%	0	1.5	72	1.5
24	Jan_6_2021	18.23	15.8	17	16.46	16.19	16.62	16.73(-3.07%)	UD	OpenLong	75	0.2	18	140	4	58	1.47	41%	-0.16	22.8	5.58%	0	0.6	66	-0.4
25	Jan_5_2021	18.26	15.74	16.98	16.49	16.18	16.07	17.26(7.54%)	UT	OpenLong	75	0.5	18	-100	0	70	2.18	41%		17	5.63%	0	1	65	-0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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