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HOOD Price Prediction: Deeply Oversold at $84 as Analysts Maintain Bullish Ratings Despite Target Cuts

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HOOD Price Prediction: Deeply Oversold at $84 as Analysts Maintain Bullish Ratings Despite Target Cuts

The Binance-listed futures contract on Robinhood Markets (NASDAQ: HOOD) settled at $84.32 on November 3, 2026, with the 14-period RSI at 29.29 in oversold territory, while four equity analysts on t...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

The Binance-listed futures contract on Robinhood Markets (NASDAQ: HOOD) fell 2.34% in the 24 hours to November 3, 2026, moving through a range of $83.27 to $87.53 before settling at $84.32. Notional volume over the period reached $34.7 million, with open interest recorded at 139,433 contracts — equivalent to approximately $11.68 million in value, a 0.82% increase over the prior 24 hours. These figures describe the Binance-listed instrument and are not equivalent to trading in the underlying Nasdaq-listed equity.

The distance between the current price and every standard moving average captures how far the contract has fallen from its own trend structure. The 7-day SMA at $86.28 sits just above current levels, while every longer-dated average is substantially higher — the 20-day SMA at $93.16, the EMA 12 at $89.11, the EMA 26 at $95.17, the 200-day SMA at $97.93, and the 50-day SMA at $105.70. Trading beneath the full stack of these averages in this staggered configuration reflects sustained downward pressure across multiple timeframes, with prior recoveries failing before reaching any of those levels.

29 places the contract in oversold territory by conventional thresholds. 30, sits comparably compressed near the floor of its range — both readings confirming that downward pressure has been extreme relative to recent history.


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