Robinhood Markets (HOOD) Daily Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
HOOD has experienced a steep downward correction following a double-top rejection near 128, leading to a decisive breakdown below both the 50-day and 200-day moving averages. Although a minor technical bounce is underway near the 80.00-84.00 support zone and lower Bollinger Band, overhead supply remains substantial. For a sustainable reversal, the stock must reclaim the 200-day SMA (92.25) and clear the 100.00 psychological resistance.
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HOOD Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp downward trend following a breakdown from the 128 level, trading below the declining 20-day SMA and recently breaking below the 200-day SMA despite an oversold bounce.
Long-term Sentiment (weeks to months): Bearish
Price has lost the 200-day SMA (92.25) and trades well beneath the 50-day SMA (107.15), confirming a breakdown in the broader intermediate-to-long-term trend structure.
Report Metadata
- Timeframe: daily
- Generated at: Nov 4, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $82.00 | $80.00 - $84.00 | Moderate | Recent swing low area aligning with the lower Bollinger Band and the August swing trough. |
| $74.00 | $72.00 - $76.00 | Moderate | Consolidation base formed in May and June prior to the summer rally. |
| $66.00 | $64.00 - $68.00 | Strong | Major structural swing low established in April. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $93.25 | $92.00 - $94.50 | Strong | Confluence of the 200-day SMA (92.25) and previous horizontal support turned resistance. |
| $98.50 | $97.00 - $100.00 | Moderate | 20-day SMA middle Bollinger Band dynamic resistance and the 100 psychological level. |
| $108.50 | $107.00 - $110.00 | Strong | 50-day SMA (107.15) and major October breakdown pivot zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $80.00 | Two distinct peaks formed near 128 in September and October followed by a breakdown below neckline support at approximately 104. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bearish because Price is in a sharp downward trend following a breakdown from the 128 level, trading below the declining 20-day SMA and recently breaking below the 200-day SMA despite an oversold bounce. 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 $82.00 and $74.00. 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 52/100. 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.