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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Global X MLP & Energy Infrastructure ETF (PACF:MLPX)
Bull Market Weakness (+75) - MLPX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLPX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MLPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLPX
The long-term trend has been UP since Oct 13th, 2023 at 43.5000
The intermediate-term trend has been UP since Apr 29th, 2024 at 49.4200
The short-term trend has been DOWN since May 8th, 2024 at 48.5801
Smart Scan Analysis for MLPX
Based on our trend formula, MLPX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.5200 | 48.9689 | 48.4900 | 48.8850 | +0.2250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.6600 | 127390 | 2024-05-08 15:59:34 |
| Year High | 14.6 | Year High Date | 2018-01-23 |
| Year Low | 11.36 | Year Low Date | 2018-04-04 |
| 52wk High | 49.6706 | 52wk High Date | 2024-04-04 |
| 52wk Low | 38.3 | 52wk Low Date | 2023-05-31 |
| Average Volume | 424,538 | Shares Outstanding | 22,028 |
| Volatility | 32.24 |