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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Hongli Group Inc. - Ordinary Shares (NASDAQ:HLP)
Bull Market Weakness (+75) - HLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for HLP.
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 HLP
The long-term trend has been DOWN since Dec 12th, 2023 at 1.002
The intermediate-term trend has been UP since Apr 24th, 2024 at 1.330
The short-term trend has been UP since May 8th, 2024 at 1.820
Smart Scan Analysis for HLP
Based on our trend formula, HLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.80 | 1.93 | 1.80 | 1.91 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.81 | 97982 | 2024-05-08 15:59:33 |
| 52wk High | 5.54 | 52wk High Date | 2023-11-21 |
| 52wk Low | 0.7174 | 52wk Low Date | 2023-12-14 |
| Average Volume | 136,095 |