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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Hongli Group Inc. - Ordinary Shares (NASDAQ:HLP)
Long-Term Downtrend (-90) - HLP is in a strong downtrend that is likely to continue. While HLP 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 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 Aug 29th, 2024 at 1.2400
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 1.1005
The short-term trend has been DOWN since Nov 11th, 2024 at 1.2500
Smart Scan Analysis for HLP
Based on our trend formula, HLP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.170 | 1.195 | 1.150 | 1.195 | +0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.170 | 17389 | 2024-11-19 10:59:40 |
| 52wk High | 5.54 | 52wk High Date | 2023-11-21 |
| 52wk Low | 0.7174 | 52wk Low Date | 2023-12-14 |
| Average Volume | 15,120 |