⬤ Hims & Hers Health Inc. is still facing technical headwinds on the daily chart, with the price stuck below the EMA cloud. The setup shows HIMS extending its downtrend into early 2026 after losing ground at previous support zones. The stock's failure to climb back above the EMA cloud keeps the focus on further downside, with $25 looking like the most realistic target right now.
⬤ The daily chart tells a straightforward story of trend reversal since HIMS peaked in the mid-$60s earlier in the year. After hitting that high, the stock started printing lower highs and lower lows—classic bearish behavior. Price has stayed pinned below the EMA cloud ever since the breakdown, turning what used to be support into a ceiling that won't budge.
⬤ Right now, HIMS is trading in the low $30s, sitting just above a horizontal support zone that's held for a bit. The EMA cloud keeps sloping downward, adding to the bearish momentum while price stays underneath. The chart makes it clear: getting back above the EMA cloud is what's needed to flip the script. Until that happens, the path of least resistance points toward $25.
⬤ The EMA cloud matters here because it's acting as the main dividing line between bulls and bears. As long as HIMS stays below it, selling pressure has the upper hand and traders are staying cautious. A real move back above the cloud would change the whole technical picture, but without that, the current downtrend stays in play and $25 remains the level to watch.
Artem Voloskovets
Artem Voloskovets