Bullish Case: ROOT's recent astronomical price increase indicates strong momentum and market resilience, suggesting further upside potential.


Bearish Case: Spectacular gains may prompt profit-taking, and low option trading volume hints at a potential plateau or upcoming correction.


Potential Outcomes: Considering the trend, there is a 60% chance of continued bullish momentum, 30% likelihood of a near-term correction due to profit-taking or external factors, and 10% chance of stagnation.


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April 03, 2024


Root Forecast

ROOT        Root
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ROOT



REAL Forecast + Options Trading Strategies   [REAL]  Therealreal (0.76)


CVNA Forecast + Options Trading Strategies   [CVNA]  Carvana (0.75)


ING Forecast + Options Trading Strategies   [ING]  ING Groep (0.72)


SG Forecast + Options Trading Strategies   [SG]  Sweetgreen (0.71)


IQV Forecast + Options Trading Strategies   [IQV]  IQVIA (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to ROOT



CC Forecast + Options Trading Strategies   [CC]  Chemours (-0.0)


PPL Forecast + Options Trading Strategies   [PPL]  PPL (-0.0)


AGCO Forecast + Options Trading Strategies   [AGCO]  AGCO (0.0)


CAR Forecast + Options Trading Strategies   [CAR]  Avis Budget (-0.01)


OSUR Forecast + Options Trading Strategies   [OSUR]  Orasure (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ROOT



VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.63)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.64)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.64)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.64)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.65)





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