Robinhood Stock Holds Daily Uptrend at $104.81 as Hourly Momentum Fades
Robinhood stock enters the new session with a clear split across timeframes. The daily chart points higher, closing at $104.81 above every major moving average. Meanwhile, hourly momentum has turned negative. That tension between a strong daily trend and a tired hourly structure is the central story.
Key takeaways
- Robinhood stock closed at $104.81, above the daily EMA20 at $101.37, the EMA50 at $98.44, and the EMA200 at $95.38.
- The daily RSI14 reads 54.6, and the daily MACD histogram is positive at 1.22.
- Hourly momentum is cooling, with RSI14 at 45.76 and a negative MACD histogram of -0.2.
- Bullish continuation hinges on reclaiming $105.64 and clearing R1 at $106.62.
- Bearish risk grows if price breaks below S1 at $101.84 and the daily EMA20 at $101.37.
Robinhood Stock Daily Uptrend Still Holds
The daily uptrend in Robinhood stock (HOOD) remains intact. Price closed at $104.81, above every major moving average.
That close came after a high of $105.47. The stock sits comfortably above the EMA20 at $101.37, the EMA50 at $98.44, and the EMA200 at $95.38. This stacked moving-average alignment is a textbook bullish setup. It confirms the broader regime tagged as bullish in the data.
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