ROBINHOOD MARKETS INC - A (HOOD) Stock Technical Analysis
NASDAQ:HOOD • US7707001027
Overall HOOD gets a technical rating of 1 out of 10. HOOD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month HOOD has a been trading in the 69.22 - 104.30 range, which is quite wide. It is currently trading near the lows of this range.
- HOOD is one of the better performing stocks in the Capital Markets industry, it outperforms 78% of 238 stocks in the same industry.
- HOOD has an average volume of 28106900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, HOOD outperforms 53% of them, which is more or less in line with the market.
- 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.
HOOD has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
56.27
We found 3 important support areas.
- A support zone ranging from 75.64 to 75.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.12 to 71.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @56.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 79.45 to 79.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 114.60 to 114.63. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for HOOD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOOD is down. |
| ChartMill Relative Strength | 53.97 | NEUTRAL | HOOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOOD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOOD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HOOD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.11 | NEUTRAL | The RSI value for HOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.23 | POSITIVE | The MACD value suggests HOOD has a positive trend. |
| Stochastics (14,3) | 43.29 | NEUTRAL | The Stochastics value for HOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.05 | HIGH VOLATILITY | The high ATR as a percentage value for HOOD suggests high volalility. |
| Average Directional Index/ADX (14) | 40.6 | POSITIVE | The high ADX value value for HOOD suggests a strong trend. |
75.85
-3.6 (-4.53%)
ROBINHOOD MARKETS INC - A / HOOD FAQ
What is the technical rating for HOOD stock?
ChartMill assigns a technical rating of 1 / 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.
What is the RSI signal for HOOD stock?
ROBINHOOD MARKETS INC - A (HOOD) has an RSI value of 38.1134. This indicates that the stock is currently neutral.
What is the buy/sell signal for HOOD stock?
The buy/sell signal for ROBINHOOD MARKETS INC - A (HOOD) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ROBINHOOD MARKETS INC - A?
ROBINHOOD MARKETS INC - A (HOOD) has a support level at 75.84 and a resistance level at 79.45. Check the full technical report for our detailed analysis of HOOD support and resistance levels.