ROBINHOOD MARKETS INC - A (HOOD) Technical Analysis
NASDAQ:HOOD • US7707001027
Current stock price
84.71 USD
+1.17 (+1.4%)
At close:
84.75 USD
+0.04 (+0.05%)
After Hours:
HOOD Technical Rating and Analysis
Taking everything into account, HOOD scores 7 out of 10 in our technical rating. Although HOOD has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- HOOD is one of the better performing stocks in the Capital Markets industry, it outperforms 85% of 240 stocks in the same industry.
- HOOD has an average volume of 30408600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, HOOD did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- HOOD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOOD is lagging the market.
- In the last month HOOD has a been trading in the 63.52 - 93.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HOOD Weekly and Daily overview Charts
HOOD Setup Rating and Analysis
Although HOOD has an excellent technical rating, it does not present a decent entry opportunity 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
60.03
115.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 82.77 to 84.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.49 from a trend line in the weekly time frame.
- Support @60.64 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @89.32 from a trend line in the daily time frame.
- A resistance zone ranging from 90.75 to 91.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for HOOD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOOD is up. |
| ChartMill Relative Strength | 80.23 | POSITIVE | HOOD has a high relative strength, it outperformed 80.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOOD is above the rising 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) | 57.14 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests HOOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.17 | NEUTRAL | The Stochastics value for HOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for HOOD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.74 | POSITIVE | The high ADX value value for HOOD suggests a strong 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
84.71
+1.17 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.4%
1 Week-6.66%
2 Weeks22.43%
1 Month20.41%
3 Month-20.82%
6 Month-39.4%
12 Month71.3%
2 Year413.71%
3 Year857.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.12
ATR(20)%5.54%
ATR Inc-10.01%
Range Today2.24
ADR(20)4.01
ADR(20)%4.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.23
3 months CRS15.28
6 months CRS12.19
Mansfield-2.14
10 Day High93.32
10 Day Low67.8
20 Day High93.32
20 Day Low63.52
52 Week High153.86
52 Week Low45.56
CS1 End84.7
CR1 Start89.32
Volume & EV
DER(3)-1.09%
DER(5)-1.68%
Volume20.87M
Volume Incr-4.77%
Vol(5)30.93M
Vol(50)30.41M
ROBINHOOD MARKETS INC - A / HOOD TA FAQ
What is the technical rating for HOOD stock?
ChartMill assigns a technical rating of 7 / 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 57.1413. 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 positive.