Peter Smith
⬤ Hims & Hers Health Inc. shares have dropped from recent peaks and are now sitting right on top of a key support area on the weekly chart. The stock is trading in the $25–$28 range, a zone that's acted as solid ground during past pullbacks. After some choppy trading lately, HIMS is back at levels where buyers have consistently stepped in before.
⬤ The weekly chart shows this $25–$28 zone has been reliable support for months. HIMS bounced from this area at least twice before, proving it matters to traders. Right now, the stock is hugging the lower end near $25, which lines up with a support band that's been visible across several months. The pullback also brought price closer to longer-term trend lines, making this level even more important.
⬤ Momentum readings add some context here. The weekly RSI sits near 35, showing the stock's been under selling pressure after the recent drop. That doesn't guarantee a bounce, but it does suggest HIMS has reached an area where downside momentum usually slows down rather than picks up steam.
⬤ What happens at this support level could set the tone for what comes next. If HIMS holds above $25, the broader uptrend structure stays intact. But a clean weekly close below that mark would break a long-standing base and likely shift sentiment. Either way, how the stock behaves around this zone will probably shape trader attitudes toward Hims & Hers Health in the near term.
Peter Smith
