Root Inc Stock Forecast

Buy candidate since May 07, 2025 Gain 8.66%

The Root Inc stock price gained 3.14% on the last trading day (Monday, 12th May 2025), rising from $147.42 to $152.05. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 6.27% from a day low at $147.50 to a day high of $156.75. The price has risen in 6 of the last 10 days and is up by 0.14% over the past 2 weeks. Volume fell on the last day by -37 thousand shares and in total, 504 thousand shares were bought and sold for approximately $76.63 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.73% during the next 3 months and, with a 90% probability hold a price between $125.33 and $208.19 at the end of this 3-month period.

ROOT Signals & Forecast

Mostly positive signals in the chart today. The Root Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $143.62 and $136.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 40.66%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Root Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $141.49 and $135.17. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Root Inc finds support just below today's level at $141.49. If this is broken, then the next support from accumulated volume will be at $135.17 and $123.95.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $9.25 between high and low, or 6.27%. For the last week, the stock has had daily average volatility of 11.58%.

Our recommended stop-loss: $147.15 (-3.22%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (ROOT) For The Upcoming Trading Day Of Tuesday 13th

For the upcoming trading day on Tuesday, 13th we expect Root Inc to open at $152.10, and during the day (based on 14 day Average True Range), to move between $139.45 and $164.65, which gives a possible trading interval of +/-$12.60 (+/-8.29%) up or down from last closing price. If Root Inc takes out the full calculated possible swing range there will be an estimated 16.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $160.26 (5.40%) than the support at $141.49 (6.95%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Root Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Root Inc stock to perform well in the short-term.

Current score: 4.301 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 13, 2025 - $152.10 ( 0.0329%).