ROBINHOOD MARKETS INC - A (HOOD) Stock Technical Analysis
USA - NASDAQ:HOOD - US7707001027 - Common Stock
129.91 USD
-1.53 (-1.16%)
131 USD
+1.09 (+0.84%)
Overall HOOD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HOOD is showing a nice and steady performance.
In the last month HOOD has a been trading in the 120.46 - 153.86 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that HOOD is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by HOOD over the past year are nicely spread over this period.
HOOD is one of the better performing stocks in the Capital Markets industry, it outperforms 99% of 239 stocks in the same industry.
HOOD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HOOD is lagging the market slightly.
HOOD has an average volume of 39292700 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
98.90
131.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 129.90 to 129.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 121.46 to 121.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @108.46 from a trend line in the daily time frame.
- Support @99.90 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 | NEUTRAL | NEUTRAL | The short term trend for HOOD is neutral. |
| ChartMill Relative Strength | 98.52 | POSITIVE | HOOD has a high relative strength, it outperformed 98.52% off all stocks 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) | 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) | 47.91 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.49 | NEGATIVE | The MACD value suggests HOOD has a negative trend. |
| Stochastics (14,3) | 27.23 | NEUTRAL | The Stochastics value for HOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for HOOD suggests high volalility. |
| Average Directional Index/ADX (14) | 28.72 | 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)
129.91
-1.53 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.16%
1 Week-6.51%
2 Weeks-12.62%
1 Month4.11%
3 Month18.38%
6 Month215.47%
12 Month384.2%
2 Year1321.33%
3 Year1012.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.56
ATR(20)%5.58%
ATR Inc-20.85%
Range Today5.61
ADR(20)7.03
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.52
Mansfield7.48
10 Day High153.86
10 Day Low125.6
20 Day High153.86
20 Day Low120.46
52 Week High153.86
52 Week Low23
CS1 End129.9
CR1 StartN/A
Volume & EV
DER(3)-1.68%
DER(5)-2.01%
Volume25.24M
Volume Incr-38.66%
Vol(5)26.04M
Vol(50)39.29M