Hydrofarm Holdings Group Stock Technical Analysis

Hydrofarm Holdings Analyst Consensus

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Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Hydrofarm Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hydrofarm Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hydrofarm Holdings Technical Analysis

Hydrofarm Holdings Trend Analysis

Use this graph to draw trend lines for Hydrofarm Holdings Group. You can use it to identify possible trend reversals for Hydrofarm Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hydrofarm Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hydrofarm Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hydrofarm Holdings Group applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that Hydrofarm Holdings Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 197.6, which is the sum of squared deviations for the predicted Hydrofarm Holdings price change compared to its average price change.

Most technical analysis of Hydrofarm help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hydrofarm from various momentum indicators to cycle indicators. When you analyze Hydrofarm charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hydrofarm stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydrofarm Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hydrofarm Holdings. If investors know Hydrofarm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hydrofarm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.