HYDROFARM HOLDINGS GROUP INC (HYFM) Stock Technical Analysis
NASDAQ:HYFM - Nasdaq - US44888K2096 - Common Stock - Currency: USD
Taking everything into account, HYFM scores 1 out of 10 in our technical rating. HYFM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, HYFM is a bad performer in the overall market: 90% of all stocks are doing better.
HYFM is part of the Machinery industry. There are 128 other stocks in this industry, of which 79% are performing better than HYFM.
HYFM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month HYFM has a been trading in the 4.90 - 6.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, HYFM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.46, a Stop Loss order could be placed below this zone.
More info and screens
5.23
7.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.39 to 5.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.28 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 6.21 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.44 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.67 from a trend line in the weekly time frame.
- Resistance @7.26 from a trend line in the weekly time frame.
- Resistance @7.78 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.68
Mansfield-2.49
10 Day High6.89
10 Day Low4.9
20 Day High6.89
20 Day Low4.9
52 Week High12
52 Week Low4.3
Performance
1 Week-9.53%
2 Weeks-10.2%
1 Month-10.09%
3 Month-20.23%
6 Month2.62%
12 Month-34.94%
2 Year-69.84%
3 Year-97.14%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)44.33
LBB5.46
UBB6.84
NASDAQ:HYFM (2/21/2025, 8:26:22 PM)
5.79
-0.06 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.03%
1 Week-9.53%
2 Weeks-10.2%
1 Month-10.09%
3 Month-20.23%
6 Month2.62%
12 Month-34.94%
2 Year-69.84%
3 Year-97.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%9.49%
ATR Inc-18.73%
Range Today0.38
ADR(20)0.52
ADR(20)%8.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.68
Mansfield-2.49
10 Day High6.89
10 Day Low4.9
20 Day High6.89
20 Day Low4.9
52 Week High12
52 Week Low4.3
CS1 End5.46
CR1 Start6.21
Volume & EV
DER(3)-20.9%
DER(5)-13.39%
Volume15.80K
Volume Incr-68.27%
Vol(5)30.66K
Vol(50)106.57K