HOOD Weekly Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
HOOD has experienced a massive run-up over the past two years but is currently in a significant corrective phase on the weekly chart. Short-term momentum is clearly bearish, with price trading below the 20 and 50-week SMAs and MACD deep in negative territory. However, the long-term trend remains technically bullish as long as price holds above the crucial 200-week SMA support zone. Investors should watch the 65-70 support area closely; a breakdown here could signal a deeper structural reversal.
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HOOD Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is currently below the 20-week and 50-week SMAs and near the lower Bollinger Band, with negative momentum indicated by the MACD histogram and RSI below 50.
Long-term Sentiment (weeks to months): Bullish
Despite the recent pullback, the price remains well above the 200-week SMA, and the longer-term trend over the past two years shows a significant uptrend with higher highs and higher lows.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:07:01.318Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $67.50 | $65.00 - $70.00 | Strong | Previous consolidation zone and recent swing low area. |
| $43.00 | $41.00 - $45.00 | Strong | Long-term support near the 200-week SMA and major base level. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $102.50 | $100.00 - $105.00 | Strong | Near the 50-week SMA and a recent minor swing high. |
| $135.00 | $130.00 - $140.00 | Weak | Previous swing high resistance area before the peak. |
| $155.00 | $150.00 - $160.00 | Strong | The major peak and all-time high zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top (Potential) | Bearish | N/A | A complex top formation is visible, with a massive peak around 150-160 and lower highs forming recently, suggesting a potential trend reversal if key support fails. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bearish because Price is currently below the 20-week and 50-week SMAs and near the lower Bollinger Band, with negative momentum indicated by the MACD histogram and RSI 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 $67.50 and $43.00. 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 55/100. 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.