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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Western Asset High Income Fund II Inc. (NYSE:HIX)
Sidelines Mode (-55) - HIX 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 HIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HIX.
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 HIX
The long-term trend has been DOWN since Sep 25th, 2023 at 4.5209
The intermediate-term trend has been UP since Nov 3rd, 2023 at 4.4700
The short-term trend has been DOWN since Dec 8th, 2023 at 4.7600
Smart Scan Analysis for HIX
Based on our trend formula, HIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.820 | 4.835 | 4.740 | 4.745 | -0.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.840 | 167335 | 2023-12-08 15:58:59 |
| Year High | 7.09 | Year High Date | 2018-01-03 |
| Year Low | 5.86 | Year Low Date | 2018-11-20 |
| 52wk High | 5.71 | 52wk High Date | 2023-02-03 |
| 52wk Low | 4.16 | 52wk Low Date | 2023-10-27 |
| Year End Close | 9.66 | Average Volume | 189,791 |
| Shares Outstanding | 71,584 | Market Cap | 574M |
| Assets | 507,077,574M | Liabilities | 189,219,723M |
| P/E Ratio | 8.9074 | Beta | -0.73000000 |
| Volatility | 12.52 |