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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Highland Global Allocation Fund (NYSE:HGLB)
Long-Term Downtrend (-90) - HGLB is in a strong downtrend that is likely to continue. While HGLB 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 HGLB?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGLB.
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 HGLB
The long-term trend has been DOWN since Nov 13th, 2024 at 7.47
The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 7.75
The short-term trend has been DOWN since Nov 12th, 2024 at 7.62
Smart Scan Analysis for HGLB
Based on our trend formula, HGLB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.580000 | 7.590000 | 7.529386 | 7.570000 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.550000 | 45183 | 2024-11-19 15:41:01 |
| 52wk High | 8.48 | 52wk High Date | 2023-12-01 |
| 52wk Low | 6.75 | 52wk Low Date | 2024-04-17 |
| Average Volume | 51,431 | Market Cap | 235M |
| Assets | 326,087,060M | Liabilities | 69,339,442M |
| P/E Ratio | 28.3103 |