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Stock Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)

Strong Downtrend (-100) - HYFM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HYFM continues to fall. 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.

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Open High Low HYFM Price Change
1.720 1.740 1.645 1.690 -0.030
Entry Signal

MarketClub’s Trade Triangles for HYFM

long term down The long-term trend has been DOWN since Jul 14th, 2021 at 52.43

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 1.71

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 1.72

Smart Scan Analysis for HYFM

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

Smart Scan Analysis for HYFM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.720 1.740 1.645 1.690 -0.030
Prev. Close Volume Bid Ask Time
1.690 271441 2023-03-20 15:59:44
52wk High17.4552wk High Date2022-03-29
52wk Low1.1852wk Low Date2023-01-10
Average Volume595,749Shares Outstanding90,039
P/E Ratio19.7419
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