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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Western Asset High Income Opportunity Fund, Inc. (NYSE:HIO)
Long-Term Uptrend (+90) - HIO is in a strong uptrend that is likely to continue. While HIO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 1st, 2024 at 3.950
The intermediate-term trend has been UP since Dec 23rd, 2024 at 4.005
The short-term trend has been UP since Dec 20th, 2024 at 3.950
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.990 | 3.990 | 3.960 | 3.965 | -0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.980 | 693218 | 2024-12-26 15:59:31 |
| Year High | 5.13 | Year High Date | 2018-01-02 |
| Year Low | 4.49 | Year Low Date | 2018-11-20 |
| 52wk High | 4.07 | 52wk High Date | 2024-09-19 |
| 52wk Low | 3.69 | 52wk Low Date | 2024-04-25 |
| Year End Close | 6.44 | Average Volume | 474,259 |
| 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 |