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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

HENNESSY BALANCED FUND INV (NASDAQ:HBFBX)

Long-Term Downtrend (-90) - HBFBX is in a strong downtrend that is likely to continue. While HBFBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HBFBX?

MarketClub looks at technical strength and momentum to determine if the timing is right for HBFBX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_HBFBX
Open High Low HBFBX Price Change
11.64 11.64 11.64 11.70 -0.03
Entry Signal

MarketClub’s Trade Triangles for HBFBX

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 11.68

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 11.81

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 11.79

Smart Scan Analysis for HBFBX

Based on our trend formula, HBFBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HBFBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.64 11.64 11.64 11.70 -0.03
Prev. Close Volume Bid Ask Time
11.63 0 11.61 11.61 2024-04-16 20:00:00
52wk High11.9652wk High Date2024-03-27
52wk Low11.0352wk Low Date2023-10-27
Year End Close11.78Payment Date2020-03-31
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