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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Weak Uptrend (+65) - HYFM is showing signs of weakening momentum to the upside. Monitor HYFM as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HYFM?

MarketClub looks at technical strength and momentum to determine if the timing is right for HYFM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_HYFM
Open High Low HYFM Price Change
0.915 0.950 0.915 0.933 +0.003
Entry Signal

MarketClub’s Trade Triangles for HYFM

long term up The long-term trend has been UP since Apr 3rd, 2024 at 1.1000

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.9017

short term up The short-term trend has been UP since May 7th, 2024 at 0.9588

Smart Scan Analysis for HYFM

Based on our trend formula, HYFM is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for HYFM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.915 0.950 0.915 0.933 +0.003
Prev. Close Volume Bid Ask Time
0.933 113127 2024-05-08 15:59:27
52wk High1.6452wk High Date2023-09-15
52wk Low0.671552wk Low Date2023-06-27
Average Volume159,849Shares Outstanding91,554
Assets507,643,000MLiabilities217,033,000M
P/E Ratio19.7419
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