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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Western Asset High Income Opportunity Fund, Inc. (NYSE:HIO)
Sidelines Mode (+55) - HIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for HIO
The long-term trend has been DOWN since Apr 10th, 2024 at 3.8401
The intermediate-term trend has been UP since Jul 1st, 2024 at 3.8400
The short-term trend has been DOWN since Jul 19th, 2024 at 3.8800
Smart Scan Analysis for HIO
Based on our trend formula, HIO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.87 | 3.89 | 3.85 | 3.89 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.86 | 240107 | 2024-07-26 15:59:50 |
| Year High | 5.13 | Year High Date | 2018-01-02 |
| Year Low | 4.49 | Year Low Date | 2018-11-20 |
| 52wk High | 4.0301 | 52wk High Date | 2024-03-14 |
| 52wk Low | 3.52 | 52wk Low Date | 2023-10-27 |
| Year End Close | 6.44 | Average Volume | 448,201 |
| Shares Outstanding | 72,347 | Market Cap | 648M |
| Assets | 408,701,123M | Liabilities | 7,239,404M |
| P/E Ratio | 11.4545 | Beta | -0.53000000 |
| Volatility | 11.66 |