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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Global X Hydrogen ETF (NASDAQ:HYDR)
Long-Term Downtrend (-90) - HYDR is in a strong downtrend that is likely to continue. While HYDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HYDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HYDR
The long-term trend has been DOWN since Mar 15th, 2023 at 10.5144
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 5.4122
The short-term trend has been DOWN since Apr 10th, 2024 at 5.5827
Smart Scan Analysis for HYDR
Based on our trend formula, HYDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0522 | 5.0755 | 4.9442 | 4.9636 | -0.1087 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1600 | 0 | 2024-04-24 16:29:39 |
| 52wk High | 10.5573 | 52wk High Date | 2023-07-19 |
| 52wk Low | 4.93 | 52wk Low Date | 2024-04-22 |
| Average Volume | 65,400 | Shares Outstanding | 5,870 |