Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Heritage Global Inc. (NASDAQ:HGBL)
Countertrend Down (-85) - HGBL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HGBL?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGBL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for HGBL
The long-term trend has been DOWN since Apr 4th, 2024 at 2.580
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 2.725
The short-term trend has been UP since May 6th, 2024 at 2.520
Smart Scan Analysis for HGBL
Based on our trend formula, HGBL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.52 | 2.53 | 2.48 | 2.48 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.48 | 32927 | 2024-05-09 13:06:53 |
| Year High | 0.78 | Year High Date | 2018-11-02 |
| Year Low | 0.32 | Year Low Date | 2018-01-02 |
| 52wk High | 4.08 | 52wk High Date | 2023-07-17 |
| 52wk Low | 2.33 | 52wk Low Date | 2023-12-13 |
| Average Volume | 73,485 | Shares Outstanding | 37,158 |
| Assets | 83,168,000M | Liabilities | 22,088,000M |
| P/E Ratio | 7.5152 | Volatility | 159.38 |