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Stock Trend Analysis Report

Prepared for you on Saturday, June 3, 2023.

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
8.55 8.65 8.46 8.48 -0.05
Entry Signal

MarketClub’s Trade Triangles for HGLB

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 9.0300

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 9.8950

short term down The short-term trend has been DOWN since May 24th, 2023 at 8.3701

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
8.55 8.65 8.46 8.48 -0.05
Prev. Close Volume Bid Ask Time
8.50 102306 2023-06-02 16:00:00
52wk High10.870752wk High Date2022-06-02
52wk Low8.1952wk Low Date2023-05-04
Average Volume60,040Market Cap235M
P/E Ratio29.4138
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