Big movements in Robinhood stock price on Monday moving 10.15% between high and low

StockInvest.us, 1 week ago

Robinhood

The Robinhood stock price gained 12.77% on the last trading day (Monday, 30th Jun 2025), rising from $83.03 to $93.63. During the last trading day the stock fluctuated 10.15% from a day low at $85.50 to a day high of $94.18. The price has risen in 7 of the last 10 days and is up by 28.97% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 64 million more shares were traded than the day before. In total, 96 million shares were bought and sold for approximately $9.00 billion.

On Jun 25, 2025, it was reported that Barclays gave HOOD a "Overweight" grade with a "hold" action.

Given the current short-term trend, the stock is expected to rise 116.15% during the next 3 months and, with a 90% probability hold a price between $172.08 and $202.38 at the end of this 3-month period.

Robinhood

Mostly positive signals in the chart today. The Robinhood stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $82.97 and $70.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 174.01%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $74.88 and $73.40.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Robinhood finds support just below today's level at $74.88. If this is broken, then the next support from accumulated volume will be at $73.40 and $72.51.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $8.68 between high and low, or 10.15%. For the last week, the stock has had daily average volatility of 5.61%.

The Robinhood stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Robinhood holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Check full Robinhood forecast and analysis here.