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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Highland Global Allocation Fund (NYSE:HGLB)

Strong Downtrend (-100) - HGLB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HGLB continues to fall. 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.

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Open High Low HGLB Price Change
7.3000 7.3450 7.2207 7.2400 -0.0280
Entry Signal

MarketClub’s Trade Triangles for HGLB

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 9.03

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2024 at 7.93

short term down The short-term trend has been DOWN since Mar 8th, 2024 at 7.71

Smart Scan Analysis for HGLB

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

Smart Scan Analysis for HGLB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.3000 7.3450 7.2207 7.2400 -0.0280
Prev. Close Volume Bid Ask Time
7.2680 13675 2024-04-15 13:29:21
52wk High9.443552wk High Date2023-04-18
52wk Low6.4252wk Low Date2023-10-25
Average Volume63,139Market Cap235M
P/E Ratio28.3103
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