HOOD Weekly Technical Analysis
Robinhood Markets Inc
Retail brokerage app offering commission-free stock, options, and crypto trading.
HOOD Technical Analysis Summary
Robinhood has mounted an aggressive multi-week recovery, rebounding off strong long-term support near $70 to clear both its 20-week and 50-week moving averages. The sharp upside momentum has pushed the price toward the upper Bollinger Band with RSI expanding solidly into bullish territory at 61.63. While intermediate resistance lies around current levels at $122–$125, holding above the $95–$101 confluence keeps the primary weekly uptrend firmly intact toward the previous highs near $150.
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HOOD Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Strong weekly expansion candle reclaimed both the 20-week and 50-week moving averages, pushing into the upper Bollinger Band with rising RSI above 60.
Long-term Sentiment (weeks to months): Bullish
Price remains well above the upward-sloping 200-week moving average (47.45) with the 50-week MA comfortably above the 200-week MA, maintaining a long-term structural uptrend.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:02:20.330Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $98.25 | $95.00 - $101.50 | Strong | Confluence of the 20-week MA (94.62), 50-week MA (101.41), and recent breakout consolidation. |
| $71.00 | $67.00 - $75.00 | Strong | Major multi-month base and swing lows formed earlier in the year near the lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $123.50 | $122.00 - $125.00 | Weak | Immediate resistance defined by the weekly high at 124.88 and the upper Bollinger Band boundary. |
| $150.00 | $145.00 - $155.00 | Strong | Major prior cycle peak and weekly swing high resistance zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Bottom | Bullish | $145.00 | A multi-month double bottom established around the 67-70 level, followed by a confirmed breakout above the neckline near 100. |
Frequently Asked Questions about HOOD
What is the current sentiment for HOOD?
The short-term sentiment for HOOD is currently Bullish because Strong weekly expansion candle reclaimed both the 20-week and 50-week moving averages, pushing into the upper Bollinger Band with rising RSI above 60.. 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 $98.25 and $71.00. 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 54/100. 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.