Technical Analysis for HIO - Western Asset High Income Opportunity Fund, Inc.

Grade Last Price % Change Price Change
grade A 5.128 0.16% 0.01
HIO closed down 0.97 percent on Tuesday, February 25, 2020, on 1.53 times normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down
Historical HIO trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.16%
MACD Bearish Signal Line Cross Bearish 0.16%
New Downtrend Bearish 0.16%
50 DMA Support Bullish 0.16%
Wide Range Bar Range Expansion 0.16%
Down 3 Days in a Row Weakness 0.16%
Down 4 Days in a Row Weakness 0.16%
Upper Bollinger Band Walk Strength -0.81%
Overbought Stochastic Strength -0.81%
Down 3 Days in a Row Weakness -0.81%

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Profile

Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It seeks to invest in high-yielding corporate debt obligations. The fund seeks to maintain an average duration of around four years with an average credit quality of B. It benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield 2% Issuer Cap Index. The fund was formerly known as High Income Opportunity Fund. Western Asset High Income Opportunity Fund Inc. was formed on November 16, 1993 and is domiciled in the United States.
Institutional Investors Mutual Fund Bond Market Fixed Income Hedge Fund Legg Mason Partners Fund Western Asset Management Company

Is HIO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 5.275
52 Week Low 4.79
Average Volume 607,804
200-Day Moving Average 5.04
50-Day Moving Average 5.10
20-Day Moving Average 5.15
10-Day Moving Average 5.19
Average True Range 0.04
ADX 32.23
+DI 25.44
-DI 29.32
Chandelier Exit (Long, 3 ATRs ) 5.14
Chandelier Exit (Short, 3 ATRs ) 5.21
Upper Bollinger Band 5.25
Lower Bollinger Band 5.05
Percent B (%b) 0.33
BandWidth 3.88
MACD Line 0.03
MACD Signal Line 0.03
MACD Histogram -0.0027
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.29
Resistance 3 (R3) 5.29 5.25 5.26
Resistance 2 (R2) 5.25 5.20 5.24 5.25
Resistance 1 (R1) 5.18 5.18 5.16 5.18 5.24
Pivot Point 5.14 5.14 5.13 5.13 5.14
Support 1 (S1) 5.07 5.09 5.05 5.07 5.00
Support 2 (S2) 5.03 5.07 5.02 4.99
Support 3 (S3) 4.96 5.03 4.98
Support 4 (S4) 4.96