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Stock Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Hongli Group Inc. - Ordinary Shares (NASDAQ:HLP)

Countertrend Down (-85) - HLP 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 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.

NASDAQ_HLP
Open High Low HLP Price Change
1.75 1.84 1.70 1.70 -0.08
Entry Signal

MarketClub’s Trade Triangles for HLP

long term down The long-term trend has been DOWN since Dec 12th, 2023 at 1.002

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 1.640

short term up The short-term trend has been UP since May 29th, 2024 at 1.802

Smart Scan Analysis for HLP

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

-85
Smart Scan Analysis for HLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.75 1.84 1.70 1.70 -0.08
Prev. Close Volume Bid Ask Time
1.62 13299 2024-05-29 12:28:51
52wk High5.5452wk High Date2023-11-21
52wk Low0.717452wk Low Date2023-12-14
Average Volume67,696
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