HOOD Weekly Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
HOOD has suffered a severe breakdown from its massive parabolic run, currently testing a critical support zone near $60-$70, which coincides with the 50-week SMA. Short-term momentum is extremely negative, as evidenced by plunging RSI and accelerating bearish MACD momentum. Long-term investors should watch this 50-week SMA closely; a failure here likely opens the door for a deeper reversion toward the 200-week SMA around $40.
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HOOD Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has experienced a sharp, multi-week decline from all-time highs, breaking below the 20-week SMA and testing the 50-week SMA. The weekly RSI is plunging toward oversold levels, and the MACD is showing a strong bearish crossover with accelerating negative histogram bars.
Long-term Sentiment (weeks to months): Neutral
While the long-term trend was previously bullish (price well above 50 and 200 SMAs), the severity of the recent sell-off and the break of near-term structure puts the broader trend into question. The 50-week SMA is currently being tested; a sustained break below would shift the long-term bias to bearish.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-03-21T09:06:57.964Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $65.00 | $60.00 - $70.00 | Strong | Current price area aligns with prior consolidation structure and the rising 50-week SMA. |
| $37.50 | $35.00 - $40.00 | Strong | Major prior resistance turned potential support, aligning with the 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $101.50 | $98.00 - $105.00 | Strong | Area around the 20-week SMA and recent lower highs on the descent. |
| $152.50 | $145.00 - $160.00 | Strong | All-time high structural resistance zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic breakdown / Trend Reversal | Bearish | $40.00 | After a massive parabolic advance, price has broken trend, printing consecutive large red weekly candles, signaling a potential long-term trend reversal or deep correction. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bearish because Price has experienced a sharp, multi-week decline from all-time highs, breaking below the 20-week SMA and testing the 50-week SMA. The weekly RSI is plunging toward oversold levels, and the MACD is showing a strong bearish crossover with accelerating negative histogram bars.. 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 $65.00 and $37.50. 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 50/100. 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.