Robinhood: sell-signal stops breached
Robinhood breaches its sell-signal stops: trade to close for those who followed them
Our view last week
Robinhood shares are up for a second straight week, but on contracting volume — a divergence the price action flags alongside fading candle-body conviction. The Sell signal has already closed its confirmation week higher, and signal strength drops to 2 out of 100: a decline with no fresh push left. Setup quality stays average, 54 out of 100, and the quality band flags trading as not recommended on a highly volatile stock.
This week's summary
Robinhood closes the week up 13.2%, the fourth straight gain on a still-active sell signal: volume is contracting and candle-body conviction is fading, signs of fatigue rather than a turn. The stock is back near its recent highs, a level already tested multiple times. Price closed above the first stop level (SL1) and the second stop level (SL2) flagged in last week's card (103.35 area, 106.15 area): for anyone following those levels the trade is closed.
IQS Phase
31
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#82 / 93
US stocks sell signals
Trade P&L %
-24.92%
from signal to date, no stop loss
Rank position
ranks 82nd among the 93 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly -1.17% · monthly +2.55%
HOOD belongs to the financials sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content