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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Weak Downtrend (-65) - HYFM is showing signs of a strengthening downtrend. Monitor HYFM as it may be building momentum to the downside.

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
1.160 1.190 1.050 1.069 -0.101
Entry Signal

MarketClub’s Trade Triangles for HYFM

long term up The long-term trend has been UP since Sep 6th, 2023 at 1.3600

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 1.1500

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 1.3101

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
1.160 1.190 1.050 1.069 -0.101
Prev. Close Volume Bid Ask Time
1.170 189420 2023-10-03 15:59:46
52wk High3.2552wk High Date2022-12-05
52wk Low0.671552wk Low Date2023-06-27
Average Volume367,992Shares Outstanding90,717
Assets546,231,000MLiabilities221,673,000M
P/E Ratio19.7419
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