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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Robinhood Markets, Inc. - Class A (NASDAQ:HOOD)
Sidelines Mode (+50) - HOOD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HOOD can gain momentum.
Is it time to buy, sell, or avoid HOOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HOOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HOOD
The long-term trend has been DOWN since Aug 5th, 2024 at 16.230
The intermediate-term trend has been UP since Aug 27th, 2024 at 21.210
The short-term trend has been UP since Sep 6th, 2024 at 19.965
Smart Scan Analysis for HOOD
Based on our trend formula, HOOD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.7900 | 20.2399 | 18.7100 | 18.9550 | -0.7150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.9400 | 11856570 | 2024-09-06 15:59:42 |
| 52wk High | 24.88 | 52wk High Date | 2024-07-17 |
| 52wk Low | 7.91 | 52wk Low Date | 2023-11-16 |
| Average Volume | 14,079,227 | Shares Outstanding | 884,678 |
| Assets | 413,460,000M | Liabilities | 342,240,000M |
| P/E Ratio | 59.6061 |