Nexpoint Strategic Opportunities Fund (NHF)
Taking everything into account, NHF scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that NHF is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, NHF also shows a nice and consistent pattern of rising prices.
NHF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NHF is leading the market.
In the last month NHF has a been trading in the 14.05 - 15.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, NHF also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.47, a Stop Loss order could be placed below this zone.
More info and screens
12.86
15.40
3 important support areas can be observed.
- A support zone ranging from 14.35 to 14.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.83 from a horizontal line in the weekly time frame.
- Support @12.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.20 to 15.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.91
Mansfield0.32
10 Day High15.24
10 Day Low14.46
20 Day High15.24
20 Day Low14.05
52 Week High15.25
52 Week Low9.1
Performance
1 Week-3.49%
2 Weeks-0.07%
1 Month4.34%
3 Month9.32%
6 Month22.17%
12 Month59.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)51.95
LBB14.42
UBB15.11
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.80 | 14.45 | 0.35 (2.38%) | 25.00% |
| An entry @14.80. This is a Buy Stop order right above the 10 day moving average. | An exit @14.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 2.38%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The distance between exit and entry is rather small compared to the average daily movement of NHF. Please evaluate whether better entry and exit points can be found.
- 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.
Nexpoint Strategic Opportunities Fund
NYSE:NHF (11/5/2021, 9:49:58 PM)
14.66
-0.07 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.48%
1 Week-3.49%
2 Weeks-0.07%
1 Month4.34%
3 Month9.32%
6 Month22.17%
12 Month59.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%1.74%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.24
10 Day Low14.46
20 Day High15.24
20 Day Low14.05
52 Week High15.25
52 Week Low9.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume73.90K
Volume Incr5.17%
Vol(5)102.18K
Vol(50)92.62K