$Hims & Hers Health(HIMS.US) (Algo Flow) — The capital flow signaled earlier than the stock price. Looking at this chart, that's almost the only conclusion that can be drawn.

While the stock price was still slowly declining, hitting a low of $30.80, the Algo Flow (algorithmic capital flow indicator) had already returned above the zero line first and continued to climb upward. This means that large capital did not wait for the stock price to confirm but started to enter the market and position in advance.

Subsequently, the stock price chased the capital flow all the way up to $34. Throughout the entire upward process, the capital flow remained at a high level without any significant pullback.

As of now, the Algo Flow has reached +2.0 million (+2.0M), hitting the highest level this week, while the stock price closed at $34.

Technically, the $32–$33 range is a key support level that the bulls need to hold.

The reason is that before this rally truly started, the capital flow had already significantly increased in this area first, indicating that this is where institutional funds were building positions and laying out in advance. If there is a pullback later, this area is likely to become an important capital absorption zone.