HOOD Daily Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
HOOD is currently in a corrective phase, trading within a falling channel that has brought the price down to test the critical rising 200-day SMA support near 102.45. While short-term momentum remains bearish with price below the 20 and 50-day SMAs and RSI under 50, the interaction with the 200-day moving average presents a pivotal moment for a potential bounce. A successful defense of this level would maintain the long-term bullish structure, whereas a breakdown could accelerate further downside.
Included In Lists
Related Tickers of Interest
HOOD Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains below the declining 20-day and 50-day SMAs with recent lower highs and lower lows structure intact. RSI is below 50.
Long-term Sentiment (weeks to months): Bullish
The stock is trading above a rising 200-day SMA, indicating the primary long-term uptrend is still technically valid despite the recent correction.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:11:02.605Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $103.25 | $102.45 - $104.05 | Strong | Confluence of the 200-day SMA (102.45) and recent swing lows. |
| $96.50 | $95.00 - $98.00 | Weak | Consolidation zone from August/September. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $114.88 | $114.75 - $115.00 | Strong | 20-day SMA and Bollinger Band basis line acting as immediate dynamic resistance. |
| $119.87 | $119.74 - $120.00 | Strong | 50-day SMA and psychological round number. |
| $127.50 | $125.00 - $130.00 | Weak | Previous breakdown level and swing structural resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Falling Channel | Bearish | N/A | Price has been trending downwards in a defined channel since the November peak. |
| Strong | Test of Major Support | Bullish | $119.00 | Price is testing the 200-day SMA, a classic area for potential trend bounces in a primary bull market. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bearish because Price remains below the declining 20-day and 50-day SMAs with recent lower highs and lower lows structure intact. RSI is below 50.. The long-term trend is classified as Bullish.
What are the key support levels for HOOD?
StockDips.AI has identified key support levels for HOOD at $103.25 and $96.50. 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 49/100. It is not 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.