Mutual Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
HENNESSY BALANCED FUND INV (NASDAQ:HBFBX)
Long-Term Uptrend (+90) - HBFBX is in a strong uptrend that is likely to continue. While HBFBX 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 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.
MarketClub’s Trade Triangles for HBFBX
The long-term trend has been UP since Nov 9th, 2020 at 11.35
The intermediate-term trend has been UP since May 4th, 2021 at 12.54
The short-term trend has been UP since Apr 29th, 2021 at 12.45
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).
|52wk High||12.75||52wk High Date||2021-05-10|
|52wk Low||10.76||52wk Low Date||2020-05-13|
|Year End Close||11.67||Payment Date||2020-06-30|