ROBINHOOD MARKETS INC.
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. - 1H - Technical analysis published on 12/03/2021 (GMT)

  • 83
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 23.34 USD
My targets
-
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ROBINHOOD MARKETS INC. as long as the price remains well below 23.34 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.4

This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily
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.

Additional analysis

Quotes

ROBINHOOD MARKETS INC. rating 21.98 USD. The price is lower by -9.17% since the last closing with the lowest point at 21.70 USD and the highest point at 24.06 USD. The deviation from the price is +1.29% for the low point and -8.65% for the high point.

21.70
24.06
21.98

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of ROBINHOOD MARKETS INC. indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 21.98 23.34 27.55 34.00
Change (%) - +6.19% +25.34% +54.69%
Change - +1.36 +5.57 +12.02
Level - Intermediate Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.6522.9923.6023.9424.5524.8925.50
Camarilla23.9424.0324.1124.2024.2924.3724.46
Woodie22.7823.0623.7324.0124.6824.9625.63
Fibonacci22.9923.3623.5823.9424.3124.5324.89


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.7525.1626.5427.9529.3330.7432.12
Camarilla27.1527.4127.6627.9228.1828.4328.69
Woodie23.7425.1526.5327.9429.3230.7332.11
Fibonacci25.1626.2326.8827.9529.0229.6730.74


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.3217.5321.7429.9534.1642.3746.58
Camarilla22.5323.6624.8025.9427.0828.2229.36
Woodie7.3116.5319.7328.9532.1541.3744.57
Fibonacci17.5322.2825.2129.9534.7037.6342.37

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 22.33
MACD (12,26,9): -1.0300
Directional Movement: -27.57
AROON (14): -92.86
DEMA (21): 22.90
Parabolic SAR (0,02-0,02-0,2): 24.20
Elder Ray (13): -1.44
Super Trend (3,10): 24.32
Zig ZAG (10): 22.00
VORTEX (21): 0.6400
Stochastique (14,3,5): 5.81
TEMA (21): 22.65
Williams %R (14): -96.48
Chande Momentum Oscillator (20): -2.63
Repulse (5,40,3): -7.3100
ROCnROLL: 2
TRIX (15,9): -0.5300
Courbe Coppock: 17.74
MA7: 25.54
MA20: 30.57
MA50: 36.40
MA100: -
MAexp7: 22.74
MAexp20: 24.25
MAexp50: 26.08
MAexp100: 28.54
Price / MA7: -13.94%
Price / MA20: -28.10%
Price / MA50: -39.62%
Price / MA100: -
Price / MAexp7: -3.34%
Price / MAexp20: -9.36%
Price / MAexp50: -15.72%
Price / MAexp100: -22.99%

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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