Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HBI
The long-term trend has been DOWN since Sep 26th, 2023 at 3.91
The intermediate-term trend has been DOWN since Sep 5th, 2023 at 4.93
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).
| 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 High | 23.33 | Year High Date | 2018-01-24 |
| Year Low | 14.39 | Year Low Date | 2018-11-20 |
| 52wk High | 8.8 | 52wk High Date | 2023-02-01 |
| 52wk Low | 3.54 | 52wk Low Date | 2023-09-27 |
| Year End Close | 35.82 | Average Volume | 8,243,886 |
| Shares Outstanding | 349,887 | Short Interest | 7,575,362 |
| % Institutional | 99.2 | Market Cap | 5,755M |
| Assets | 627,903,100M | Liabilities | 593,107,100M |
| P/E Ratio | 7.88 | Beta | 0.9 |
| Volatility | 42.15 |