WESTERN ASSET HI INC OPPORT (HIO)

US95766K1097

3.93  +0.01 (+0.26%)

After market: 3.95 +0.02 (+0.51%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to HIO. HIO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, HIO outperforms 48% of them, which is more or less in line with the market.
HIO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HIO is lagging the market slightly.
In the last month HIO has a been trading in a tight range between 3.87 and 4.01.
Weekly and Daily overview Charts
HIO Weekly chart
HIO Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, HIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.71

4.10

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 3.86 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.75 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 3.94 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.81
Mansfield-0.56
10 Day High3.99
10 Day Low3.91
20 Day High4.01
20 Day Low3.87
52 Week High4.07
52 Week Low3.69
Performance
1 Week-0.76%
2 Weeks-0.25%
1 Month-0.76%
3 Month-1.26%
6 Month1.29%
12 Month1.03%
2 Year-3.44%
3 Year-17.61%
5 Year-22.64%
10 Year-26.27%
15 Year-34.93%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.21
LBB3.91
UBB4
HIO Daily chart

WESTERN ASSET HI INC OPPORT

NYSE:HIO (1/14/2025, 8:04:00 PM)

After market: 3.95 +0.02 (+0.51%)

3.93

+0.01 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week-0.76%
2 Weeks-0.25%
1 Month-0.76%
3 Month-1.26%
6 Month1.29%
12 Month1.03%
2 Year-3.44%
3 Year-17.61%
5 Year-22.64%
10 Year-26.27%
15 Year-34.93%
Volatility
ATR(14)0.04
ATR(20)%1.04%
ATR Inc-7.72%
Range Today0.04
ADR(20)0.04
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.81
Mansfield-0.56
10 Day High3.99
10 Day Low3.91
20 Day High4.01
20 Day Low3.87
52 Week High4.07
52 Week Low3.69
CS1 End3.91
CR1 Start3.94
Volume & EV
DER(3)-2.47%
DER(5)-1.35%
Volume414.30K
Volume Incr32.55%
Vol(5)641.26K
Vol(50)480.15K