ROBINHOOD MARKETS INC - A (HOOD) Stock Technical Analysis
NASDAQ:HOOD - Nasdaq - US7707001027 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to HOOD. Both in the recent history as in the last year, HOOD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HOOD did better than 99% of all other stocks. On top of that, HOOD also shows a nice and consistent pattern of rising prices.
HOOD is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 235 stocks in the same industry.
HOOD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HOOD has a been trading in the 74.39 - 113.44 range, which is quite wide. It is currently trading near the high of this range.
HOOD has an average volume of 45122600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
39.19
105.38
3 important support areas can be observed.
- A support zone ranging from 100.20 to 100.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @91.27 from a horizontal line in the daily time frame.
- Support @39.59 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for HOOD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOOD is up. |
| ChartMill Relative Strength | 99.1 | POSITIVE | HOOD has a high relative strength, it outperformed 99.1% 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) | UP | POSITIVE | The current price of HOOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.5 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests HOOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.21 | OVERBOUGHT | The high Stochastics value suggests HOOD may be overbought. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for HOOD suggests high volalility. |
| Average Directional Index/ADX (14) | 58.99 | POSITIVE | The high ADX value value for HOOD suggests a strong trend. |
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)
104.34
-5.4 (-4.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-4.92%
1 Week4.38%
2 Weeks11.64%
1 Month32.92%
3 Month111%
6 Month104.11%
12 Month392.17%
2 Year711.35%
3 Year1052.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.77
ATR(20)%5.34%
ATR Inc23.41%
Range Today6.24
ADR(20)5.17
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.1
Mansfield11.05
10 Day High113.44
10 Day Low90.7
20 Day High113.44
20 Day Low74.39
52 Week High113.44
52 Week Low13.98
CS1 End100.51
CR1 StartN/A
Volume & EV
DER(3)0.42%
DER(5)1.27%
Volume46.43M
Volume Incr0.48%
Vol(5)52.03M
Vol(50)45.12M