HOOD Forms Deep 55.7% Base with Bear Flag as Price Sits 30.6% Off High

Posted on by Eben@CANSLIM Research
HOOD stock profile infographic with daily candles, 20, 50 and 150-day simple moving averages and volume, Stage 2 (Advancing), as of October 22, 2026 at 00:19 — CANSLIM Research

HOOD is holding above a rising 30-week moving average in a Stage 2 uptrend, but the broader picture is strained: price trades 30.6% below its 52-week high and has lost its 50-day line. The market’s focus is on a deep 49-week base with a 55.7% depth, flagged as elevated-failure-risk and faulty, while a bear flag has emerged after a 9.3% recent run and 10.6% pullback. Sentiment reads cautious and deteriorating, with no VCP contraction or volume dry-up to support a constructive breakout setup.

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