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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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

Strong Downtrend (-100) - HIO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HIO continues to fall. 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
3.6700 3.6707 3.6300 3.6400 -0.0100
Entry Signal

MarketClub’s Trade Triangles for HIO

long term down The long-term trend has been DOWN since Mar 27th, 2023 at 3.75

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2023 at 3.79

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 3.78

Smart Scan Analysis for HIO

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

-100
Smart Scan Analysis for HIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6700 3.6707 3.6300 3.6400 -0.0100
Prev. Close Volume Bid Ask Time
3.6400 562599 2023-09-29 15:59:50
Year High5.13Year High Date2018-01-02
Year Low4.49Year Low Date2018-11-20
52wk High4.1952wk High Date2023-02-02
52wk Low3.652wk Low Date2022-10-21
Year End Close6.44Average Volume286,324
Shares Outstanding72,347Market Cap648M
Assets408,701,123MLiabilities7,239,404M
P/E Ratio11.4545Beta-0.53000000
Volatility11.66
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