-7.00% for Robinhood stock as buyers show caution near $75.01 support

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Robinhood slides 7.00% to $79.09 today

Highlights

Robinhood enables retail clients to access SpaceX's IPO at the public offer price with no minimum, broadening participation in marquee listings.
New AI-driven trading and credit card purchase features expand Robinhood’s product suite, though these have yet to counteract ongoing price weakness.
HOOD/USD remains under strong bearish technical momentum, projected to trade between $75.01 and $87.14 with a 75% likelihood of further downside.

Retail access to SpaceX IPO and new features drive user growth amid selling

Robinhood's recent inclusion as one of five brokerages offering retail investors direct access to SpaceX's IPO at the public offer price, with no account minimum, broadened participation in high-profile listings and lowered long-standing entry barriers for its clients. This move increases user engagement by giving platform users access to widely anticipated IPOs. Alongside, the company has launched agentic trading features and enabled AI-driven credit card purchases, expanding its platform's capabilities and product offerings, though price action has remained under broader selling pressure.

Downside momentum intensifies as technical signals remain bearish

Technically, HOOD is situated beneath its MA-20 at $84.15 and MA-50 at $86.49 on the 1-hour chart, with price also below the MA-200 at $103.19 on the daily timeframe. The Ichimoku Kijun at $84.07 marks immediate resistance. Both MACD and Awesome Oscillator show strong sell signals, while ADX registers as neutral. RSI and CCI also indicate sell conditions, and BBP reads oversold, underscoring prevailing seller dominance on intraday momentum. Stoch RSI remains neutral.

Volatility persists as outlook favors further downside in range

Over the next 2–3 trading days, HOOD is expected to remain volatile within a band set by $75.01 as support and $87.14 as resistance. The probability of a decline outweighs a recovery, with a 75% chance for downside and only a 25% likelihood of a move higher. In the base scenario, price is likely to be confined to this sideways range, but a sustained break above resistance may trigger a short-term rally, while a drop below support could set off further declines.

Anton Kharitonov, expert at Traders Union, sees Robinhood’s recent innovations—such as participation in the SpaceX IPO and new AI features—failing to support the stock amid strong technical selling. He notes that price remains under all key moving averages and technical oscillators signal prevailing downside. The analyst believes caution is warranted as the probability of further decline outweighs any recovery in the short term. "Until $87.14 is reclaimed, I remain defensive and view any upside as limited to short-term rebounds only."

Earlier, analysts noted that Robinhood was demonstrating short- to medium-term technical strength amid expanding product offerings and new market features. The current shift to pronounced selling pressure signals a change in the asset's momentum, making the $75 level a critical support to monitor for potential downside risk in the near term.

Source of Data: HOOD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.