HYDROFARM HOLDINGS GROUP INC (HYFM) Stock Technical Analysis
NASDAQ:HYFM - Nasdaq - US44888K4076 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to HYFM. Although HYFM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
Warning: HYFM has an average volume of 23562 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month HYFM has a been trading in the 3.20 - 4.29 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that HYFM is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HYFM is an average performer in the Machinery industry, it outperforms 65% of 128 stocks in the same industry.
HYFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HYFM is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, HYFM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.86. Right above this resistance zone may be a good entry point.
More info and screens
3.13
6.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.58 to 3.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @3.80 from a trend line in the daily time frame.
- A resistance zone ranging from 3.92 to 3.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.30 from a trend line in the weekly time frame.
- Resistance @5.82 from a trend line in the weekly time frame.
- Resistance @6.49 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HYFM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYFM is neutral. |
| ChartMill Relative Strength | 82.42 | POSITIVE | HYFM has a high relative strength, it outperformed 82.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYFM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYFM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.74 | NEUTRAL | The RSI value for HYFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HYFM has a negative trend. |
| Stochastics (14,3) | 57.81 | NEUTRAL | The Stochastics value for HYFM is a neutral value. |
| Average True Range in percent/ATR (20) | 10.19 | HIGH VOLATILITY | The high ATR as a percentage value for HYFM suggests high volalility. |
| Average Directional Index/ADX (14) | 11.69 | NEGATIVE | The low ADX value for HYFM suggests a weak or negative trend. |
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)
NASDAQ:HYFM (7/2/2025, 3:18:48 PM)
3.71
+0.13 (+3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.63%
1 Week-9.39%
2 Weeks0.85%
1 Month0.56%
3 Month101.12%
6 Month-46.81%
12 Month-46.57%
2 Year-69.4%
3 Year-88.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%10.19%
ATR Inc-12.54%
Range Today0.29
ADR(20)0.35
ADR(20)%9.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.42
Mansfield-3.55
10 Day High4
10 Day Low3.25
20 Day High4.29
20 Day Low3.2
52 Week High8.55
52 Week Low1.5
CS1 End3.58
CR1 Start3.86
Volume & EV
DER(3)-2.95%
DER(5)-2.79%
Volume3.19K
Volume Incr-34.16%
Vol(5)7.94K
Vol(50)23.56K