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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Heritage Global Inc. (NASDAQ:HGBL)

Long-Term Downtrend (-90) - HGBL is in a strong downtrend that is likely to continue. While HGBL 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 HGBL?

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

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NASDAQ_HGBL
Open High Low HGBL Price Change
2.5300 2.5701 2.4924 2.5450 +0.0050
Entry Signal

MarketClub’s Trade Triangles for HGBL

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 2.580

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 2.725

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2.545

Smart Scan Analysis for HGBL

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

-90
Smart Scan Analysis for HGBL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5300 2.5701 2.4924 2.5450 +0.0050
Prev. Close Volume Bid Ask Time
2.5400 139526 2024-04-18 15:59:31
Year High0.78Year High Date2018-11-02
Year Low0.32Year Low Date2018-01-02
52wk High4.0852wk High Date2023-07-17
52wk Low2.3352wk Low Date2023-12-13
Average Volume97,490Shares Outstanding37,158
Assets83,168,000MLiabilities22,088,000M
P/E Ratio7.8788Volatility159.38
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