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 dramatic parabolic top and subsequent severe breakdown on the weekly timeframe. The stock is currently in a strong short-term downtrend, confirmed by deeply negative MACD momentum and price action below major intermediate moving averages (20w, 50w). Long-term investors should exercise caution as the stock seeks to establish a new base, which may not occur until it tests much lower historical support zones near the 200-week SMA.
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HOOD Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep downtrend, breaking well below the 20-week and 50-week SMAs. It is currently riding the lower Bollinger Band, with RSI dropping towards oversold and MACD histogram expanding negatively, confirming strong downward momentum.
Long-term Sentiment (weeks to months): Neutral
While the chart shows a massive breakdown from a parabolic top, the price remains above the long-term 200-week SMA (around 36). The long-term trend is currently in a deep corrective phase back towards historical baselines.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:35:57.826Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $73.00 | $70.00 - $76.00 | Weak | Immediate area where the current steep drop might find temporary pause or minor bounce near the lower Bollinger Band. |
| $35.00 | $30.00 - $40.00 | Strong | Major historical consolidation zone and the current location of the 200-week SMA, representing a significant structural support area. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $95.00 | $90.00 - $100.00 | Strong | Recent breakdown area and confluence with the declining 50-week SMA. |
| $115.00 | $110.00 - $120.00 | Strong | Prior consolidation zone and confluence with the 20-week SMA, which will likely act as heavy resistance on any relief rallies. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Top Reversal | Bearish | N/A | A massive, unsustainable exponential rally followed by a sharp, high-volume breakdown through key structural support and moving averages, indicating a major trend reversal. |
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 steep downtrend, breaking well below the 20-week and 50-week SMAs. It is currently riding the lower Bollinger Band, with RSI dropping towards oversold and MACD histogram expanding negatively, confirming strong downward momentum.. The long-term trend is classified as Neutral.
What are the key support levels for HOOD?
StockDips.AI has identified key support levels for HOOD at $73.00 and $35.00. 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 44/100. 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.