ROBINHOOD MARKETS INC - A (NASDAQ:HOOD) – A Strong Growth Candidate Meeting Minervini’s Criteria

ROBINHOOD MARKETS INC - A (NASDAQ:HOOD) has emerged as a compelling candidate for growth investors, meeting both the technical requirements of Mark Minervini’s Trend Template and exhibiting strong fundamental momentum. The stock’s recent performance and financial metrics suggest it could be well-positioned for further upside.

Technical Strength: Meeting Minervini’s Trend Template

HOOD satisfies all key criteria of Minervini’s Trend Template, indicating a strong uptrend:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($79.27), 150-day ($56.77), and 200-day ($50.26) moving averages, confirming bullish momentum.
• Rising Moving Averages: The 150-day and 200-day MAs are trending upward, reinforcing long-term strength.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 99.08, HOOD outperforms nearly all stocks in the market.
• Price Near 52-Week High: At $101.85, the stock is within 10% of its 52-week high ($113.44), a sign of strong momentum.
• Significant Gain from Low: HOOD has surged over 380% from its 52-week low ($13.98), demonstrating substantial recovery and growth potential.

Fundamental Momentum: High Growth Metrics

Beyond technical strength, HOOD exhibits robust financial growth:

• Earnings Growth: EPS (TTM) stands at $1.76, up 1,073% YoY, with quarterly EPS growth exceeding 105% in the most recent quarter.
• Revenue Expansion: Revenue grew 59.6% YoY, with strong sequential quarterly sales growth of 50%.
• Profitability Improvement: The company’s profit margin expanded to 36.2% in the latest quarter, up from negative figures in prior periods.
• Analyst Upgrades: EPS and revenue estimates for next year have been revised upward by 0.62% and 0.37% over the past three months, signaling optimism.

Technical Report Summary

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

• Strong long and short-term uptrends.
• High relative strength, outperforming 99% of stocks in its sector.
• Support levels at $101.19-$101.84, providing a potential floor for pullbacks.

While the setup rating is currently 4 (medium), indicating some volatility, the overall technical strength suggests HOOD remains a high-potential candidate for growth-focused investors.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and technical strength, updated daily.

Disclaimer

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