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WESTERN ASSET HIGH INC II (HIX) Stock Technical Analysis

NYSE:HIX - New York Stock Exchange, Inc. - US95766J1025 - Currency: USD

4.39  -0.01 (-0.23%)

After market: 4.36 -0.03 (-0.68%)

Technical Rating and Analysis

3

Taking everything into account, HIX scores 3 out of 10 in our technical rating. In the past year, HIX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, HIX is a bad performer in the overall market: 61% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HIX is lagging the market.
In the last month HIX has a been trading in a tight range between 4.22 and 4.42.
Weekly and Daily overview Charts
WESTERN ASSET HIGH INC II / HIX Weekly stock chart
WESTERN ASSET HIGH INC II / HIX Daily stock chart
Setup Rating and Analysis

8

HIX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HIX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

4.13

4.59

2 important support areas can be observed.

  • A support zone ranging from 4.31 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 4.17 to 4.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 4.45 to 4.54. This zone is formed by a combination of multiple trend lines 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
CRS39.18
Mansfield-0.74
10 Day High4.42
10 Day Low4.35
20 Day High4.42
20 Day Low4.22
52 Week High4.57
52 Week Low4.15
Performance
1 Week0.92%
2 Weeks0.46%
1 Month1.86%
3 Month-0.68%
6 Month1.15%
12 Month-0.68%
2 Year-18.1%
3 Year-31.08%
5 Year-31.73%
10 Year-46.92%
15 Year-53.2%
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)0.01
RSI(14)59.83
LBB4.3
UBB4.44
WESTERN ASSET HIGH INC II / HIX Daily stock chart

WESTERN ASSET HIGH INC II

NYSE:HIX (2/21/2025, 8:25:39 PM)

After market: 4.36 -0.03 (-0.68%)

4.39

-0.01 (-0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week0.92%
2 Weeks0.46%
1 Month1.86%
3 Month-0.68%
6 Month1.15%
12 Month-0.68%
2 Year-18.1%
3 Year-31.08%
5 Year-31.73%
10 Year-46.92%
15 Year-53.2%
Volatility
ATR(14)0.04
ATR(20)%0.93%
ATR Inc-24.35%
Range Today0.03
ADR(20)0.04
ADR(20)%0.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.18
Mansfield-0.74
10 Day High4.42
10 Day Low4.35
20 Day High4.42
20 Day Low4.22
52 Week High4.57
52 Week Low4.15
CS1 End4.39
CR1 Start4.45
Volume & EV
DER(3)5.04%
DER(5)5.87%
Volume326.20K
Volume Incr-7.16%
Vol(5)424.34K
Vol(50)513.09K