WESTERN ASSET HIGH INC II (HIX) Stock Technical Analysis
USA - NYSE:HIX - US95766J1025
Overall HIX gets a technical rating of 4 out of 10. In the last year, HIX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, HIX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.34, 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.
More info and screens
4.14
We found 1 important support area.
- A support zone ranging from 4.18 to 4.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.31 to 4.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.51 to 4.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HIX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HIX is neutral. |
| ChartMill Relative Strength | 34.06 | NEUTRAL | HIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HIX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for HIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HIX has a negative trend. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for HIX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for HIX suggests low volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for HIX suggests a weak or negative trend. |
NYSE:HIX (10/10/2025, 2:46:52 PM)
4.3
-0.05 (-1.15%)