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Robinhood Markets, Inc.

HOOD.TO Technical Analysis Summary (TSX)

Analyze HOOD.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HOOD.TO●TSX
Financial ServicesAsset Management
$16.95
$0.75(4.24%)
Canadian Market opens in 16h 23m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HOOD.TO Technical Analysis Summary (TSX)

Robinhood Markets, Inc. (TSX: HOOD.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.56)
Trend Strength:Weak (ADX: 16.75)
Volatility:High (ATR: 0.97)
Support/Resistance:$13.97 – $16.81 (Bollinger Bands)

Technical conditions suggest Robinhood Markets, Inc. on the TSX is awaiting a decisive move. Overall, Robinhood Markets, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.56

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.16

Bullish
Buying momentum building without extremes.

Williams %R: -9.52

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 24.21

Strongly Bullish
Strong upside momentum.

Takeaway:Robinhood Markets, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.75

Weak
Weak trend, market trading sideways.

ATR (14): 0.97

Low
Low volatility, stable price action.

CCI (14): 287.34

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Robinhood Markets, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.81
Middle Band (SMA 20)
$15.39
Lower Band
$13.97
Current Position
Above Upper Band

Takeaway:Robinhood Markets, Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$17.79
Middle Line (EMA 20)
$15.85
Lower Channel
$13.91
Squeeze Status
Squeeze On

Takeaway:Robinhood Markets, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.06M
Money Flow Index81.81Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index53.06Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HOOD.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Robinhood Markets, Inc. (TSX: HOOD.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Robinhood Markets, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: HOOD.TO) Technical Analysis FAQ