Hims & Hers Health stock has been under pressure lately, breaking through important support levels and raising questions about where the bleeding might stop. For traders watching HIMS stock, the chart is telling a pretty clear story—and it's not particularly bullish right now.
HIMS Breaks Down Below Critical Support Range
Hims & Hers Health Inc. (HIMS) has been sliding lower after breaking beneath a higher-timeframe support zone that had held earlier this year. The daily chart shows price action dropping below the support band that lined up with the early-April 2025 lows, and instead of bouncing back, HIMS has kept falling. That's a textbook sign that sellers are in control.
The chart shows repeated failures at overhead resistance, followed by a decisive breakdown through mid-range support. Now, HIMS is heading toward the next major support area near $13.5, a zone that matches up with a prior base from 2024. This "return to an old base after a breakdown" pattern has played out before with HIMS, including when it tested critical 2021 support level following a sharp decline.
As one analyst notes: "Waiting for stabilization and consolidation before considering a bullish shift—clear strength signals had not appeared earlier."
What Happens Next for HIMS Stock?
The big question now is whether HIMS stock can find its footing around that $13.5 support zone. If it does, we might see the downtrend lose steam and price start to build a base—similar to how it held $30 support as technical signals pointed to a potential bottom in previous setups. Other recent coverage has pointed to how HIMS nears a $17.5–$20 harmonic buy zone after a sharp decline, showing that support levels matter a lot for this name.
But here's the catch: if HIMS taps $13.5 and doesn't stabilize, the downtrend stays intact. That means more pressure and potentially a deeper drop into the next support band below.
Key Takeaway: Watch for Stabilization
Right now, HIMS is transitioning from a failed support hold into a deeper test of long-term levels. If the stock hits the higher-timeframe zone near $13.5 and starts to consolidate instead of freefall, that could mark the shift from selling mode into base-building mode. Until that happens, though, the chart favors the bears.
For anyone holding or watching Hims & Hers stock, patience is key. Wait for signs of stabilization before jumping back in—because right now, the trend is still pointing down.
Peter Smith
Peter Smith