ROBINHOOD MARKETS INC - A (HOOD) Technical Analysis
NASDAQ:HOOD • US7707001027
Current stock price
72.89 USD
+1.69 (+2.37%)
At close:
73.14 USD
+0.25 (+0.34%)
After Hours:
HOOD Technical Rating and Analysis
Overall HOOD gets a technical rating of 3 out of 10. HOOD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- HOOD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month HOOD has a been trading in the 65.57 - 93.32 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.
- HOOD is part of the Capital Markets industry. There are 239 other stocks in this industry. HOOD outperforms 79% of them.
- HOOD has an average volume of 30485800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, HOOD turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
HOOD Weekly and Daily overview Charts
HOOD Setup Rating and Analysis
The technical rating of HOOD is bad and it also does not present a 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
HOOD Support and Resistance Analysis
60.51
115.78
We found 3 important support areas.
- Support @69.11 from a trend line in the weekly time frame.
- A support zone ranging from 65.16 to 66.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.12 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @87.36 from a trend line in the daily time frame.
- Resistance @114.63 from a horizontal line in the daily time frame.
HOOD Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HOOD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOOD is neutral. |
| ChartMill Relative Strength | 61.95 | NEUTRAL | HOOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HOOD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOOD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOOD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.41 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.03 | NEGATIVE | The MACD value suggests HOOD has a negative trend. |
| Stochastics (14,3) | 29.73 | NEUTRAL | The Stochastics value for HOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for HOOD suggests high volalility. |
| Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for HOOD suggests a possible start of a new trend. |
HOOD Chart- and CandleStick Pattern Analysis
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)
HOOD Technicals: Chart, Performance Metrics, Trend & Indicators
72.89
+1.69 (+2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.37%
1 Week-12.75%
2 Weeks-16.07%
1 Month3.97%
3 Month-26.73%
6 Month-50.34%
12 Month50.01%
2 Year342.03%
3 Year723.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.36
ATR(20)%6.81%
ATR Inc61.8%
Range Today3.11
ADR(20)3.89
ADR(20)%5.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.95
3 months CRS9.87
6 months CRS8.33
Mansfield-3.3
10 Day High93.32
10 Day Low69.93
20 Day High93.32
20 Day Low65.57
52 Week High153.86
52 Week Low45.56
CS1 End69.11
CR1 Start87.36
Volume & EV
DER(3)-1.07%
DER(5)0.4%
Volume31.19M
Volume Incr10.07%
Vol(5)36.66M
Vol(50)30.49M
ROBINHOOD MARKETS INC - A / HOOD TA FAQ
What is the technical rating for HOOD stock?
ChartMill assigns a technical rating of 3 / 10 to HOOD.
Can you provide the trend direction for ROBINHOOD MARKETS INC - A?
The current trend direction for ROBINHOOD MARKETS INC - A (HOOD) is Bearish.
Can you provide the RSI signal for ROBINHOOD MARKETS INC - A?
ROBINHOOD MARKETS INC - A (HOOD) has an RSI value of 42.406. This indicates that the stock is currently neutral.
What is the short term momentum for ROBINHOOD MARKETS INC - A (HOOD) stock?
The short term momentum for ROBINHOOD MARKETS INC - A (HOOD) is neutral.