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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

Hanesbrands Inc. (NYSE:HBI)

Strong Downtrend (-100) - HBI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HBI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HBI?

MarketClub looks at technical strength and momentum to determine if the timing is right for HBI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low HBI Price Change
3.920 3.965 3.885 3.905 -0.055
Entry Signal

MarketClub’s Trade Triangles for HBI

long term down The long-term trend has been DOWN since Sep 26th, 2023 at 3.91

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2023 at 4.93

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 4.43

Smart Scan Analysis for HBI

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

Smart Scan Analysis for HBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.920 3.965 3.885 3.905 -0.055
Prev. Close Volume Bid Ask Time
3.960 717675 2023-10-02 10:02:01
Year High23.33Year High Date2018-01-24
Year Low14.39Year Low Date2018-11-20
52wk High8.852wk High Date2023-02-01
52wk Low3.5452wk Low Date2023-09-27
Year End Close35.82Average Volume8,243,886
Shares Outstanding349,887Short Interest7,575,362
% Institutional99.2Market Cap5,755M
P/E Ratio7.88Beta0.9
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