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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Bull Market Weakness (+75) - HYFM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
1.0500 1.1000 1.0401 1.0800 +0.0400
Entry Signal

MarketClub’s Trade Triangles for HYFM

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 0.8800

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2024 at 0.9380

short term up The short-term trend has been UP since Mar 21st, 2024 at 0.8399

Smart Scan Analysis for HYFM

Based on our trend formula, HYFM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HYFM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0500 1.1000 1.0401 1.0800 +0.0400
Prev. Close Volume Bid Ask Time
1.0800 343337 2024-03-28 15:59:28
52wk High1.8352wk High Date2023-03-31
52wk Low0.671552wk Low Date2023-06-27
Average Volume211,237Shares Outstanding91,554
Assets507,643,000MLiabilities217,033,000M
P/E Ratio19.7419
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