ROBINHOOD MARKETS INC - A (HOOD) Stock Technical Analysis
NASDAQ:HOOD - Nasdaq - US7707001027 - Common Stock - Currency: USD
Overall HOOD gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HOOD is one of the better performing stocks in the market, outperforming 99% of all 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 237 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.
HOOD has an average volume of 45685900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HOOD has a been trading in the 91.74 - 113.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, HOOD also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 99.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HOOD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.19
106.51
We found 2 important support areas.
- A support zone ranging from 99.90 to 99.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 99.21 | POSITIVE | HOOD has a high relative strength, it outperformed 99.21% 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) | 60.25 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.01 | NEGATIVE | The MACD value suggests HOOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.54 | NEUTRAL | The Stochastics value for HOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for HOOD suggests some volalility. |
| Average Directional Index/ADX (14) | 40.82 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 109.07 | 99.89 | 9.18 (8.42%) | 11.88% |
| An entry @109.07. This is a Buy Stop order right above the 10 day high. | An exit @99.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 9.18 points, which is 8.42%. | When investing 11.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
105.46
-0.91 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.86%
1 Week2.07%
2 Weeks3.54%
1 Month15.55%
3 Month92.97%
6 Month88.79%
12 Month488.5%
2 Year868.41%
3 Year1004.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.68
ATR(20)%4.98%
ATR Inc28.09%
Range Today4.08
ADR(20)5.11
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.21
Mansfield10.04
10 Day High109.06
10 Day Low93.36
20 Day High113.44
20 Day Low91.74
52 Week High113.44
52 Week Low18.11
CS1 End99.9
CR1 StartN/A
Volume & EV
DER(3)3.06%
DER(5)2.22%
Volume33.46M
Volume Incr-4.1%
Vol(5)50.93M
Vol(50)45.69M