ROBINHOOD MARKETS INC - A (NASDAQ:HOOD) – A High-Growth Momentum Stock Meeting Minervini’s Trend Template

ROBINHOOD MARKETS INC - A (NASDAQ:HOOD) has been identified by our stock screener as a high-growth momentum candidate that also satisfies Mark Minervini’s Trend Template criteria. The stock exhibits strong technical trends alongside accelerating fundamentals, making it a potential candidate for growth-focused investors.

Why HOOD Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks in strong uptrends with improving fundamentals. HOOD meets the following key technical criteria:

• Price Above Key Moving Averages: The stock trades at $66.15, well above its 50-day ($49.78), 150-day ($44.31), and 200-day ($38.82) moving averages.
• Upward-Sloping Averages: The 50-day, 150-day, and 200-day MAs are all trending higher, confirming sustained momentum.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 98.49, HOOD outperforms nearly 99% of stocks in its sector.
• Price Near 52-Week High: At $66.15, HOOD is within 1.5% of its 52-week high ($67.13), a sign of leadership.
• Strong Long-Term Trend: The stock has gained over 216% in the past year, demonstrating powerful upward momentum.

High-Growth Fundamentals

Beyond technical strength, HOOD shows explosive growth in key financial metrics:

• Earnings Growth: EPS (TTM) surged 1,073% YoY, while quarterly EPS growth accelerated by 105.6% in the most recent quarter.
• Revenue Expansion: Revenue grew 59.6% over the past year, with quarterly sales up 50% YoY.
• Profitability Improvement: The company’s profit margin expanded to 36.2% in the latest quarter, up from negative figures in prior years.
• Free Cash Flow Growth: FCF per share increased by 310% YoY, reflecting strong operational efficiency.

Technical Outlook

According to ChartMill’s technical report, HOOD scores a perfect 10/10 on technical health, supported by:

• A strong uptrend in both short-term and long-term timeframes.
• Support levels at $63.17 and $37.93-$38.31, providing downside protection.
• Resistance near $66.16, which, if broken, could signal further upside.

While the setup rating is currently 4/10 due to recent volatility, the stock’s technical strength and growth profile make it one to watch for potential consolidation and breakout opportunities.

For a deeper technical analysis, review the full ChartMill technical report on HOOD.

Our High Growth Momentum + Trend Template screener lists more high-growth stocks with strong technical setups.

Disclaimer

This is not investment advice. The observations here are based on current data, but investors should conduct their own analysis before making decisions.