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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)
Sidelines Mode (-55) - HYI 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 HYI?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYI.
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 HYI
The long-term trend has been UP since Aug 1st, 2024 at 11.8699
The intermediate-term trend has been DOWN since Oct 18th, 2024 at 12.1601
The short-term trend has been UP since Oct 14th, 2024 at 12.3800
Smart Scan Analysis for HYI
Based on our trend formula, HYI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.2200 | 12.2200 | 12.1103 | 12.1500 | -0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.2300 | 41501 | 2024-10-22 15:43:29 |
| Year High | 15.2907 | Year High Date | 2018-01-11 |
| Year Low | 13.65 | Year Low Date | 2018-11-20 |
| 52wk High | 12.44 | 52wk High Date | 2024-09-20 |
| 52wk Low | 10.99 | 52wk Low Date | 2023-10-31 |
| Year End Close | 18.33 | Average Volume | 48,079 |
| Shares Outstanding | 22,697 | Market Cap | 346M |
| Assets | 283,898,955M | Liabilities | 10,698,967M |
| P/E Ratio | 12.2708 | Volatility | 10.01 |