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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Highland Global Allocation Fund (NYSE:HGLB)
Crossroads (+60) - HGLB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HGLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGLB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HGLB
The long-term trend has been DOWN since Mar 16th, 2023 at 9.0300
The intermediate-term trend has been UP since May 6th, 2024 at 7.3499
The short-term trend has been UP since Apr 30th, 2024 at 7.1900
Smart Scan Analysis for HGLB
Based on our trend formula, HGLB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.310 | 7.420 | 7.190 | 7.235 | -0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.240 | 119746 | 2024-05-08 15:58:24 |
| 52wk High | 8.98 | 52wk High Date | 2023-05-18 |
| 52wk Low | 6.42 | 52wk Low Date | 2023-10-25 |
| Average Volume | 84,694 | Market Cap | 235M |
| Assets | 326,087,060M | Liabilities | 69,339,442M |
| P/E Ratio | 28.3103 |