HOOD Faces Resistance as EMAs Turn Bearish
Bearish
Apr 3, 2026 at 3:39 AM
•
$68.90
(-1.73%)
Robinhood Markets Inc (HOOD) closed down 1.73% at $68.90 on April 3.
From a technical standpoint, the outlook appears mixed:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $69.76, resistance at 21-day ($72.70).
Momentum
RSI at 40.7 is neutral but improving. MACD is bullish (-3.63 vs signal -3.78).
Volatility
Bollinger Band width at 22.4% indicates normal volatility.
While EMAs remain bearish, positive MACD divergence hints at potential support around $64.80.
Key levels to watch: Support at $64.80, Resistance at $81.18.