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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 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.

NYSE_HYI
Open High Low HYI Price Change
12.06 12.19 12.06 12.10 +0.01
Entry Signal

MarketClub’s Trade Triangles for HYI

long term up The long-term trend has been UP since Aug 1st, 2024 at 11.8699

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2024 at 12.0000

short term up The short-term trend has been UP since Nov 19th, 2024 at 12.1800

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).

-55
Smart Scan Analysis for HYI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.06 12.19 12.06 12.10 +0.01
Prev. Close Volume Bid Ask Time
11.98 39782 2024-11-20 15:48:16
Year High15.2907Year High Date2018-01-11
Year Low13.65Year Low Date2018-11-20
52wk High12.4452wk High Date2024-09-20
52wk Low11.3452wk Low Date2023-11-28
Year End Close18.33Average Volume51,666
Shares Outstanding22,697Market Cap346M
Assets283,898,955MLiabilities10,698,967M
P/E Ratio12.2708Volatility10.01
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