ROBINHOOD MARKETS INC - A (HOOD) Stock Technical Analysis
NASDAQ:HOOD - Nasdaq - US7707001027 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to HOOD. In the last year, HOOD was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month HOOD has a been trading in the 44.02 - 66.91 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, HOOD did better than 98% of all other stocks. We also observe that the gains produced by HOOD over the past year are nicely spread over this period.
HOOD is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 225 stocks in the same industry.
HOOD has an average volume of 27092700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HOOD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HOOD is lagging the market slightly.
Although HOOD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
32.40
50.61
2 important support areas can be observed.
- Support @45.91 from a horizontal line in the daily time frame.
- Support @32.73 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 46.90 to 47.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.11 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.14
Mansfield5.78
10 Day High65.58
10 Day Low44.02
20 Day High66.91
20 Day Low44.02
52 Week High66.91
52 Week Low13.98
Performance
1 Week-6.09%
2 Weeks-28.17%
1 Month-9.74%
3 Month12.53%
6 Month147.57%
12 Month175.82%
2 Year382.9%
3 Year247.08%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.59
RSI(14)42.69
LBB41.97
UBB66.05
46.89
-3.21 (-6.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-6.41%
1 Week-6.09%
2 Weeks-28.17%
1 Month-9.74%
3 Month12.53%
6 Month147.57%
12 Month175.82%
2 Year382.9%
3 Year247.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.31
ATR(20)%9.57%
ATR Inc24.64%
Range Today8.16
ADR(20)4.07
ADR(20)%8.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.14
Mansfield5.78
10 Day High65.58
10 Day Low44.02
20 Day High66.91
20 Day Low44.02
52 Week High66.91
52 Week Low13.98
CS1 End45.91
CR1 Start46.9
Volume & EV
DER(3)-1.41%
DER(5)0.28%
Volume52.71M
Volume Incr71.34%
Vol(5)49.97M
Vol(50)27.09M