Hydrofarm Holdings Group (HYFM, $0.91) Aroon Indicator entered a Downtrend on May 02, 2024.

A.I.dvisor
at Tickeron.com
05/03/24
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HYFM - Hydrofarm Holdings Group
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.9147
Daily change: +$0.0237 (+2.66%)
Daily volume: 129.3K
Capitalization: $41.4M
Industry: Trucks/Construction/Farm Machinery
For the last three days, A.I.dvisor has detected that HYFM's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for HYFM, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 229 similar cases, of which were successful. Based on this data, the odds of success are
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HYFMDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry TrucksConstructionFarmMachinery

Profile
Fundamentals
Details
Industry
N/A
Address
1510 Main Street
Phone
+1 707 765-9990
Employees
369
Web
https://www.hydrofarm.com