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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
IQ Merger Arbitrage ETF (PACF:MNA)
Crossroads (+60) - MNA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNA.
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 MNA
The long-term trend has been DOWN since Apr 16th, 2024 at 30.82
The intermediate-term trend has been UP since May 7th, 2024 at 31.19
The short-term trend has been UP since Apr 26th, 2024 at 30.97
Smart Scan Analysis for MNA
Based on our trend formula, MNA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.080 | 31.220 | 31.080 | 31.155 | -0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.130 | 19415 | 2024-05-08 15:54:49 |
| Year High | 32.11 | Year High Date | 2018-11-07 |
| Year Low | 30.25 | Year Low Date | 2018-05-11 |
| 52wk High | 32.0192 | 52wk High Date | 2023-12-27 |
| 52wk Low | 30.6925 | 52wk Low Date | 2024-04-16 |
| Year End Close | 25.159 | Average Volume | 50,985 |
| Shares Outstanding | 500 | Assets | 125M |
| Beta | 0.28 | Volatility | 5.52 |