0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%

small-cap

One NASDAQ - Listed Property & Casualty Insurance Stock at Resistance Level: ROOT

Jul 10, 2024 | Team Kalkine
One NASDAQ - Listed Property & Casualty Insurance Stock at Resistance Level: ROOT

ROOT:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Root Inc.

Company Overview: Root Inc. (NASDAQ: ROOT) is at the forefront of innovation in the insurance industry, specializing in direct-to-consumer personal automobile insurance, renters insurance, and mobile technology solutions.

As per our previous US Technical Analysis Report published on ‘ROOT’ on 28th June 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 48.7104 based on technical analysis and the stock price has now moved by ~38% since then and is trading above target 2.

Noted below are the details of support and resistance levels provided in our previous report:

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