HFRO Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Ascending HFRO on June 16, 2025, netting in a 8.00% gain over 1 month

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HFRO - Highland Opportunities and Income Fund

Ticker: HFRO

Company: Highland Opportunities and Income Fund

Gain: +8%

Confirmed: 06/16/25

Succeeded: 08/04/25

Total length: 52 days

HFRO sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for HFRO moved above the 200-day moving average on August 05, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 29, 2025. You may want to consider a long position or call options on HFRO as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HFRO just turned positive on July 29, 2025. Looking at past instances where HFRO's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

HFRO moved above its 50-day moving average on July 21, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HFRO advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 249 cases where HFRO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HFRO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HFRO broke above its upper Bollinger Band on August 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.