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WESTERN ASSET HI INC OPPORT (HIO) Stock Technical Analysis

NYSE:HIO - New York Stock Exchange, Inc. - US95766K1097 - Currency: USD

4.03  +0.03 (+0.75%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to HIO. HIO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.
HIO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HIO is lagging the market slightly.
When compared to the yearly performance of all other stocks, HIO outperforms 47% of them, which is more or less in line with the market.
In the last month HIO has a been trading in a tight range between 3.88 and 4.03.
Weekly and Daily overview Charts
WESTERN ASSET HI INC OPPORT / HIO Weekly stock chart
WESTERN ASSET HI INC OPPORT / HIO Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HIO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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

3.50

4.18

We found 2 important support areas.

  • A support zone ranging from 3.91 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.54 to 3.59. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 4.05 to 4.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 4.14 to 4.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HIO is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HIO is up.
ChartMill Relative Strength47.32NEUTRALHIO is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HIO is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HIO is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HIO is above the rising SMA(200).
Relative Strength Index/RSI (14)68.54NEUTRALThe RSI value for HIO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests HIO has a positive trend.
Stochastics (14,3)88.89OVERBOUGHTThe high Stochastics value suggests HIO may be overbought.
Average True Range in percent/ATR (20)0.78LOW VOLATILITYThe low ATR as a percentage value for HIO suggests low volalility.
Average Directional Index/ADX (14)27.4POSITIVEThe high ADX value value for HIO suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
4.063.930.13 (3.26%)25.00%
An entry @4.06. This is a Buy Stop order right above the resistance zone.An exit @3.93. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.13 points, which is 3.26%.For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WESTERN ASSET HI INC OPPORT / HIO Daily stock chart

WESTERN ASSET HI INC OPPORT

NYSE:HIO (7/14/2025, 8:04:00 PM)

4.03

+0.03 (+0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.75%
1 Week0.75%
2 Weeks2.28%
1 Month3.6%
3 Month7.18%
6 Month2.54%
12 Month3.87%
2 Year4.68%
3 Year-4.95%
5 Year-17.42%
10 Year-19.08%
15 Year-35.83%
Volatility
ATR(14)0.03
ATR(20)%0.78%
ATR Inc-26.3%
Range Today0.03
ADR(20)0.03
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.32
Mansfield-0.53
10 Day High4.03
10 Day Low3.94
20 Day High4.03
20 Day Low3.88
52 Week High4.15
52 Week Low3.36
CS1 End4
CR1 Start4.05
Volume & EV
DER(3)-3.53%
DER(5)2.26%
Volume387.80K
Volume Incr-20.36%
Vol(5)222.16K
Vol(50)288.77K