Has HOOD Formed a Double Top?
Current status and detection history for the Double Top pattern on HOOD. Data, not recommendations.
Last updated 2026-09-30
Is a Double Top flagged on HOOD right now?
How often has HOOD formed a Double Top?
HOOD has shown a Double Top 1 time, from 2026-09-30 to 2026-09-30.
About the Double Top pattern
Double tops and bottoms are reversal patterns that indicate a potential change in the direction of the current trend. A double top is formed when the price reaches two similar highs and then reverses downward, breaking below a neckline. This pattern suggests that the buying momentum has exhausted, and sellers are now in control. A double bottom is the opposite, with the price forming two similar lows and then reversing upward, breaking above a neckline. This pattern indicates that the selling pressure has eased, and buyers are now in control.
How has this setup performed historically?
| Window | Occurrences | Win rate vs SPY | Mean excess return |
|---|---|---|---|
| 5 days | 111 | 50% | -0.30% |
| 20 days | 87 | 57% | -0.52% |
| 60 days | 47 | 51% | -6.71% |
Win rate = share of occurrences where the stock beat SPY over the window in the direction the signal predicted — for a bearish setup, a win means it underperformed. Measured since 2025-01-01 on our own detections, which puts the coin-flip line at 50%. Sample sizes are small; treat these as context, not as an edge.
Cross-indicator validation
MACD, RSI and volume readings taken at detection time, plus the interpretation notes for this setup.
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Pattern Vista is a technical-analysis research tool. Everything on this page is automated pattern detection and historical statistics published for educational purposes. It is not investment advice, not a recommendation to buy or sell any security, and past performance does not indicate future results. Full disclaimer