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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Long-Term Downtrend (-90) - HYFM is in a strong downtrend that is likely to continue. While HYFM 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 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
0.660000 0.669900 0.640000 0.657999 -0.006201
Entry Signal

MarketClub’s Trade Triangles for HYFM

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 0.7600

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

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.6655

Smart Scan Analysis for HYFM

Based on our trend formula, HYFM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HYFM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.660000 0.669900 0.640000 0.657999 -0.006201
Prev. Close Volume Bid Ask Time
0.650500 63558 2024-07-19 15:58:07
52wk High1.6452wk High Date2023-09-15
52wk Low0.6552wk Low Date2024-07-16
Average Volume140,158Shares Outstanding91,958
Assets494,016,000MLiabilities215,987,000M
P/E Ratio19.7419
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