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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.

NYSE_HIO
Open High Low HIO Price Change
3.990 3.990 3.960 3.965 -0.015
Entry Signal

MarketClub’s Trade Triangles for HIO

long term up The long-term trend has been UP since Aug 1st, 2024 at 3.950

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2024 at 4.005

short term up 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).

+90
Smart Scan Analysis for HIO
Strong Downtrend Sideways 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 High5.13Year High Date2018-01-02
Year Low4.49Year Low Date2018-11-20
52wk High4.0752wk High Date2024-09-19
52wk Low3.6952wk Low Date2024-04-25
Year End Close6.44Average Volume474,259
Shares Outstanding72,347Market Cap648M
Assets408,701,123MLiabilities7,239,404M
P/E Ratio11.4545Beta-0.53000000
Volatility11.66
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