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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Highland Global Allocation Fund (NYSE:HGLB)

Weak Downtrend (-65) - HGLB is showing signs of a strengthening downtrend. Monitor HGLB as it may be building momentum to the downside.

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.

NYSE_HGLB
Open High Low HGLB Price Change
7.6600 7.6800 7.5749 7.6800 +0.0800
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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HGLB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.6600 7.6800 7.5749 7.6800 +0.0800
Prev. Close Volume Bid Ask Time
7.6600 97192 2024-03-28 15:46:09
52wk High9.4552wk High Date2023-04-13
52wk Low6.4252wk Low Date2023-10-25
Average Volume66,990Market Cap235M
Assets326,087,060MLiabilities69,339,442M
P/E Ratio28.3103
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