HOOD chart analysis today

HOOD is 22 days into an uptrend, coiling inside a falling wedge inside a weekly uptrend. The coil is on heavier than normal volume. $100.15 ends the wedge, $106.96 resumes the rise.

Robinhood Markets · daily · last close $103.51 · read computed from candles through 2026-09-01. No AI, no signal, no target.

HOOD · Dailydaily
$58.99$75.39$91.78$108.18$124.57avg87777360438886800VolumeRising trendlineResistance $118.69 · 3 touchesPOLEFALLING WEDGEBreaks above $106.96Breaks below $100.15

The two prices that decide it

Above
$106.96 · the falling wedge
Below
$100.15 · the falling wedge
Formation state
Still forming.
Trend
a series of higher highs and higher lows over the window, 3 steps across 22 bars, still intact
Agreement
Structure 3 of 4 (high) · indicators 2 of 3 (high)

Levels and what happened there

  • Resistance $118.69
  • The last three times price reached $118.69 it held every time, bouncing 21% on average.
  • Bigger picture Weekly up, daily coiling. weekly — uptrend intact, nearest resistance $152.16, bull pennant at $111.50.
  • 52 weeks 33% below its 52-week high of $153.86 and 63% above its 52-week low of $63.51.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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