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Stock Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Western Asset High Income Opportunity Fund, Inc. (NYSE:HIO)

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

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

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

NYSE_HIO
Open High Low HIO Price Change
3.820 3.820 3.780 3.786 -0.034
Entry Signal

MarketClub’s Trade Triangles for HIO

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 3.8401

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 3.9000

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 3.9800

Smart Scan Analysis for HIO

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

-90
Smart Scan Analysis for HIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.820 3.820 3.780 3.786 -0.034
Prev. Close Volume Bid Ask Time
3.800 324092 2024-04-12 15:59:50
Year High5.13Year High Date2018-01-02
Year Low4.49Year Low Date2018-11-20
52wk High4.030152wk High Date2024-03-14
52wk Low3.5252wk Low Date2023-10-27
Year End Close6.44Average Volume299,885
Shares Outstanding72,347Market Cap648M
Assets408,701,123MLiabilities7,239,404M
P/E Ratio11.4545Beta-0.53000000
Volatility11.66
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