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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

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

Sidelines Mode (-55) - HLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.38 2.78 2.36 2.69 +0.30
Entry Signal

MarketClub’s Trade Triangles for HLP

long term down The long-term trend has been DOWN since May 2nd, 2023 at 3.0300

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2023 at 3.0300

short term up The short-term trend has been UP since May 25th, 2023 at 2.5683

Smart Scan Analysis for HLP

Based on our trend formula, HLP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.38 2.78 2.36 2.69 +0.30
Prev. Close Volume Bid Ask Time
2.68 729213 2023-06-02 15:59:32
52wk High8.6852wk High Date2023-05-01
52wk Low2.2352wk Low Date2023-05-10
Average Volume269,359
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