ROBINHOOD MARKETS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	HOOD
ISIN:

ROBINHOOD MARKETS INC. - Daily - Technical analysis published on 03/07/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 12.42 USD

My targets

10.45 USD (-10.73%)

9.52 USD (-18.73%)

My analysis

The bearish trend is currently very strong for ROBINHOOD MARKETS INC.. As long as the price remains below the resistance at 12.42 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 10.45 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9.52 USD as an objective. Crossing it would then enable sellers to target 7.02 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ROBINHOOD MARKETS INC. rating 11.71 USD. The price registered an increase of +6.84% on the session with the lowest point at 11.04 USD and the highest point at 12.03 USD. The deviation from the price is +6.07% for the low point and -2.66% for the high point.

11.04

12.03

11.71

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ROBINHOOD MARKETS INC.:

Abnormal volumes on ROBINHOOD MARKETS INC. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of ROBINHOOD MARKETS INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	11.71	15.22	23.72	40.11
Change (%)	-	+29.97%	+102.56%	+242.53%
Change	-	+3.51	+12.01	+28.40
Level	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.83	10.34	10.65	11.16	11.47	11.98	12.29
Camarilla	10.74	10.81	10.89	10.96	11.04	11.11	11.19
Woodie	9.73	10.29	10.55	11.11	11.37	11.93	12.19
Fibonacci	10.34	10.65	10.85	11.16	11.47	11.67	11.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.04	9.95	10.45	11.36	11.86	12.77	13.27
Camarilla	10.57	10.70	10.83	10.96	11.09	11.22	11.35
Woodie	8.85	9.85	10.26	11.26	11.67	12.67	13.08
Fibonacci	9.95	10.49	10.82	11.36	11.90	12.23	12.77

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.12	7.02	9.52	12.42	14.92	17.82	20.32
Camarilla	10.53	11.02	11.52	12.01	12.51	13.00	13.50
Woodie	3.91	6.92	9.31	12.32	14.71	17.72	20.11
Fibonacci	7.02	9.09	10.36	12.42	14.49	15.76	17.82

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.25
MACD (12,26,9):	-0.9200
Directional Movement:	-13.91
AROON (14):	-35.71
DEMA (21):	11.00
Parabolic SAR (0,02-0,02-0,2):	12.14
Elder Ray (13):	-0.34
Super Trend (3,10):	14.18
Zig ZAG (10):	11.83
VORTEX (21):	0.8800
Stochastique (14,3,5):	34.55
TEMA (21):	11.40
Williams %R (14):	-56.05
Chande Momentum Oscillator (20):	-1.76
Repulse (5,40,3):	2.9400
ROCnROLL:	2
TRIX (15,9):	-0.9700
Courbe Coppock:	29.66

MA7:	11.56
MA20:	12.37
MA50:	14.15
MA100:	22.35
MAexp7:	11.55
MAexp20:	12.30
MAexp50:	15.25
MAexp100:	22.34
Price / MA7:	+1.30%
Price / MA20:	-5.34%
Price / MA50:	-17.24%
Price / MA100:	-47.61%
Price / MAexp7:	+1.39%
Price / MAexp20:	-4.80%
Price / MAexp50:	-23.21%
Price / MAexp100:	-47.58%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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