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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Heritage Global Inc. (NASDAQ:HGBL)

Bear Market Rally (-75) - HGBL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HGBL as it may be in the beginning of a reversal.

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.

Open High Low HGBL Price Change
2.24 2.32 2.17 2.23 -0.02
Entry Signal

MarketClub’s Trade Triangles for HGBL

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 2.58

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 2.46

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 2.36

Smart Scan Analysis for HGBL

Based on our trend formula, HGBL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for HGBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.24 2.32 2.17 2.23 -0.02
Prev. Close Volume Bid Ask Time
2.22 61786 2024-06-18 15:58:00
Year High0.78Year High Date2018-11-02
Year Low0.32Year Low Date2018-01-02
52wk High4.0852wk High Date2023-07-17
52wk Low2.1252wk Low Date2024-05-14
Average Volume62,685Shares Outstanding37,341
P/E Ratio7.5Volatility159.38
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