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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Western Asset High Income Fund II Inc. (NYSE:HIX)
Long-Term Downtrend (-90) - HIX is in a strong downtrend that is likely to continue. While HIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 4.360
The intermediate-term trend has been DOWN since Mar 25th, 2024 at 4.390
The short-term trend has been DOWN since Apr 25th, 2024 at 4.325
Smart Scan Analysis for HIX
Based on our trend formula, HIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2800 | 4.3500 | 4.2800 | 4.3299 | +0.0449 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2850 | 184297 | 2024-04-26 13:28:24 |
| 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 | 332,282 |
| 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 |