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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Countertrend Down (-85) - HYI 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 HYI?

MarketClub looks at technical strength and momentum to determine if the timing is right for HYI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_HYI
Open High Low HYI Price Change
11.78 11.79 11.65 11.67 -0.07
Entry Signal

MarketClub’s Trade Triangles for HYI

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 11.8300

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 11.8966

short term up The short-term trend has been UP since Apr 19th, 2024 at 11.7499

Smart Scan Analysis for HYI

Based on our trend formula, HYI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HYI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.78 11.79 11.65 11.67 -0.07
Prev. Close Volume Bid Ask Time
11.74 55491 2024-04-19 15:53:43
Year High15.2907Year High Date2018-01-11
Year Low13.65Year Low Date2018-11-20
52wk High12.2452wk High Date2023-12-29
52wk Low10.9952wk Low Date2023-10-31
Year End Close18.33Average Volume46,671
Shares Outstanding22,697Market Cap346M
Assets292,377,079MLiabilities3,355,496M
P/E Ratio12.2708Volatility10.01
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