HOOD Daily Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
HOOD has undergone a severe correction, breaking key technical levels including the long-term 200-day moving average. The chart shows a completed top formation with heavy selling pressure, though oversold conditions on the RSI suggest a temporary relief rally is possible before any further downside. The overall trend has shifted from bullish to bearish as price action remains below all major moving averages.
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HOOD Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading significantly below the 20-day SMA and has recently broken major support structures. While RSI is near oversold (32.14), momentum remains strongly negative with the MACD line well below the signal line.
Long-term Sentiment (weeks to months): Bearish
The stock has broken below the critical 200-day SMA ($105.94), signaling a potential long-term trend reversal. The 50-day SMA is sloping downward and approaching a bearish cross with the 200-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-17T22:13:42.155Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $73.19 | $72.87 - $73.50 | Weak | Recent intraday low and immediate support. |
| $66.50 | $65.00 - $68.00 | Strong | Aligns with the lower Bollinger Band (65.57) and consolidation zones from May/June. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $91.50 | $91.00 - $92.00 | Strong | Confluence of the 20-day SMA (91.35) and recent breakdown levels. |
| $107.00 | $105.00 - $109.00 | Strong | Major resistance cluster containing the 200-day SMA (105.94) and 50-day SMA (108.94). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Breakdown | Bearish | $65.00 | A large top formation with the head around $165 and shoulders around $130-$140 has broken down, leading to the current sharp decline. |
| Strong | Death Cross (Forming) | Bearish | N/A | The 50-day SMA is rapidly descending towards the 200-day SMA. A cross would confirm long-term bearish momentum. |
| Weak | Oversold Bounce Setup | Neutral | $91.35 | RSI is hovering near 30 and price is near the Lower Bollinger Band, suggesting potential for a mean-reversion bounce despite the downtrend. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bearish because Price is trading significantly below the 20-day SMA and has recently broken major support structures. While RSI is near oversold (32.14), momentum remains strongly negative with the MACD line well below the signal line.. The long-term trend is classified as Bearish.
What are the key support levels for HOOD?
StockDips.AI has identified key support levels for HOOD at $73.19 and $66.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is HOOD in a significant dip or a Value Dip right now?
HOOD has a Value Score of 88/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.