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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Highland Income Fund (NYSE:HFRO)

Long-Term Downtrend (-90) - HFRO is in a strong downtrend that is likely to continue. While HFRO 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 HFRO?

MarketClub looks at technical strength and momentum to determine if the timing is right for HFRO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_HFRO
Open High Low HFRO Price Change
6.32 6.33 6.19 6.27 -0.14
Entry Signal

MarketClub’s Trade Triangles for HFRO

long term down The long-term trend has been DOWN since Jan 5th, 2024 at 6.89

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 6.32

short term down The short-term trend has been DOWN since May 23rd, 2024 at 6.52

Smart Scan Analysis for HFRO

Based on our trend formula, HFRO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HFRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.32 6.33 6.19 6.27 -0.14
Prev. Close Volume Bid Ask Time
6.41 614768 2024-05-29 15:59:26
Year High16.6Year High Date2018-02-21
Year Low14.42Year Low Date2018-11-20
52wk High9.3852wk High Date2023-06-20
52wk Low5.9252wk Low Date2024-02-28
Average Volume211,323Market Cap974M
Assets104,122,052MLiabilities31,048,270M
P/E Ratio10.3387Volatility6.86
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