Could Miller/Howard High Income Equity Fund (HIE) Gain Strenght After Forming Bearish Double Bottom Chart Pattern?

February 15, 2018 - By Richard Conner

The chart of Miller/Howard High Income Equity Fund (HIE) shows a double bottom with $11.68 target or 7.00 % below today’s $12.56 share price. The 7 months chart pattern indicates high risk for the $ company. It was reported on Feb, 15 by Finviz.com. If the $11.68 price target is reached, the company will be worth $ less. Double bottoms are rare but powerful chart patterns.

The stock increased 1.05% or $0.13 during the last trading session, reaching $12.56. About 28,711 shares traded. Miller/Howard High Income Equity Fund (NYSE:HIE) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

More news for Miller/Howard High Income Equity Fund (NYSE:HIE) were recently published by: Seekingalpha.com, which released: “Weekly CEF Roundup: Booming Markets Drag Equity CEFs Higher” on December 19, 2017. Pionline.com‘s article titled: “Midsize money management firms see growth shrinking” and published on November 02, 2015 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.