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Mutual Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
Hennessy Cornerstone Growth Fund Institutional Class (NASDAQ:HICGX)
Long-Term Uptrend (+90) - HICGX is in a strong uptrend that is likely to continue. While HICGX 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 HICGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HICGX.
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 HICGX
The long-term trend has been UP since Dec 14th, 2023 at 27.40
The intermediate-term trend has been UP since May 6th, 2024 at 35.15
The short-term trend has been UP since May 2nd, 2024 at 34.44
Smart Scan Analysis for HICGX
Based on our trend formula, HICGX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.03 | 36.03 | 36.03 | 36.46 | +0.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.93 | 0 | 36.49 | 36.49 | 2024-05-14 18:45:00 |
| 52wk High | 36.93 | 52wk High Date | 2024-05-15 |
| 52wk Low | 22.11 | 52wk Low Date | 2023-05-31 |
| Year End Close | 28.52 | Payment Date | 2023-12-27 |