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 01/23/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

22%

44%

33%

My opinion

Neutral between 10.05 USD and 11.79 USD

My targets

My analysis

The short-term decline on ROBINHOOD MARKETS INC. remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 10.05 USD. The first resistance is located at 11.79 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ROBINHOOD MARKETS INC. price is 10.95 USD. The price is lower by -0.36% since the last closing and was between 10.93 USD and 11.30 USD. This implies that the price is at +0.18% from its lowest and at -3.10% from its highest.

10.93

11.30

10.95

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of ROBINHOOD MARKETS INC. in Daily shows an overall slightly bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish 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.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.87	9.54	10.05	10.95	11.11	11.79	12.42
Change (%)	-19.00%	-12.88%	-8.22%	-	+1.46%	+7.67%	+13.42%
Change	-2.08	-1.41	-0.90	-	+0.16	+0.84	+1.47
Level	Minor	Minor	Major	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.45	10.63	10.81	10.99	11.17	11.35	11.53
Camarilla	10.89	10.92	10.96	10.99	11.02	11.06	11.09
Woodie	10.45	10.63	10.81	10.99	11.17	11.35	11.53
Fibonacci	10.63	10.77	10.85	10.99	11.13	11.21	11.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.73	10.06	10.38	10.71	11.03	11.36	11.68
Camarilla	10.53	10.59	10.65	10.71	10.77	10.83	10.89
Woodie	9.74	10.06	10.39	10.71	11.04	11.36	11.69
Fibonacci	10.06	10.31	10.46	10.71	10.96	11.11	11.36

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.18	7.00	9.87	11.69	14.56	16.38	19.25
Camarilla	11.45	11.88	12.31	12.74	13.17	13.60	14.03
Woodie	5.71	7.26	10.40	11.95	15.09	16.64	19.78
Fibonacci	7.00	8.79	9.90	11.69	13.48	14.59	16.38

Numerical data

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

Technical indicators

Moving averages

RSI (14):	43.54
MACD (12,26,9):	-0.1300
Directional Movement:	0.18
AROON (14):	-85.71
DEMA (21):	11.40
Parabolic SAR (0,02-0,02-0,2):	11.58
Elder Ray (13):	-0.17
Super Trend (3,10):	12.12
Zig ZAG (10):	10.95
VORTEX (21):	0.8200
Stochastique (14,3,5):	21.31
TEMA (21):	10.86
Williams %R (14):	-73.64
Chande Momentum Oscillator (20):	-1.02
Repulse (5,40,3):	-2.4100
ROCnROLL:	-1
TRIX (15,9):	0.1600
Courbe Coppock:	25.83

MA7:	10.85
MA20:	11.87
MA50:	10.72
MA100:	10.27
MAexp7:	11.03
MAexp20:	11.41
MAexp50:	11.06
MAexp100:	10.66
Price / MA7:	+0.92%
Price / MA20:	-7.75%
Price / MA50:	+2.15%
Price / MA100:	+6.62%
Price / MAexp7:	-0.73%
Price / MAexp20:	-4.03%
Price / MAexp50:	-0.99%
Price / MAexp100:	+2.72%

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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