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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Western Asset High Income Fund II Inc. (NYSE:HIX)
Bull Market Weakness (+75) - HIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HIX.
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 HIX
The long-term trend has been DOWN since Apr 12th, 2024 at 4.36
The intermediate-term trend has been UP since May 6th, 2024 at 4.41
The short-term trend has been UP since Apr 29th, 2024 at 4.36
Smart Scan Analysis for HIX
Based on our trend formula, HIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4400 | 4.4400 | 4.4198 | 4.4350 | +0.0150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4200 | 144632 | 2024-05-09 12:07:34 |
| Year High | 7.09 | Year High Date | 2018-01-03 |
| Year Low | 5.86 | Year Low Date | 2018-11-20 |
| 52wk High | 5.075 | 52wk High Date | 2023-08-15 |
| 52wk Low | 4.16 | 52wk Low Date | 2023-10-27 |
| Year End Close | 9.66 | Average Volume | 302,021 |
| Shares Outstanding | 71,584 | Market Cap | 574M |
| Assets | 507,077,574M | Liabilities | 189,219,723M |
| P/E Ratio | 8.9074 | Beta | -0.73000000 |
| Volatility | 12.52 |