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HIO
ETF ticker: NYSE
AS OF
Jun 6, 04:58 PM (EDT)
Price
$3.87
Change
-$0.01 (-0.26%)
Net Assets
383.25M

HIO Western Asset High Income Opportunity Fund Forecast, Technical & Fundamental Analysis

Western Asset High Income Oppor Fd Inc is a diversified closed-end management investment company... Show more

HIO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for HIO with price predictions
Jun 05, 2025

HIO in upward trend: price rose above 50-day moving average on May 22, 2025

HIO moved above its 50-day moving average on May 22, 2025 date and that indicates a change from a downward trend to an upward trend. In of 38 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 29, 2025. You may want to consider a long position or call options on HIO as a result. In of 88 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 HIO just turned positive on May 29, 2025. Looking at past instances where HIO's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for HIO crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HIO advanced for three days, in of 212 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 343 cases where HIO 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 HIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HIO broke above its upper Bollinger Band on June 02, 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.

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HIO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
High Yield Bond
Address
Legg Mason, Inc.100 Light StreetBaltimore
Phone
N/A
Web
https://www.franklintempleton.com/
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HIO and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, HIO has been closely correlated with HYLB. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if HIO jumps, then HYLB could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HIO
1D Price
Change %
HIO100%
-0.26%
HYLB - HIO
67%
Closely correlated
-0.16%
SHYG - HIO
55%
Loosely correlated
-0.14%
USHY - HIO
55%
Loosely correlated
-0.24%
SPHY - HIO
53%
Loosely correlated
-0.21%
SJNK - HIO
42%
Loosely correlated
-0.16%
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