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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Nexpoint Merger Abritrage Fund Class A (NASDAQ:HMEAX)
Crossroads (-60) - HMEAX 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 HMEAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HMEAX.
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 HMEAX
The long-term trend has been UP since Aug 22nd, 2023 at 19.10
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 19.32
The short-term trend has been DOWN since Apr 12th, 2024 at 19.35
Smart Scan Analysis for HMEAX
Based on our trend formula, HMEAX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.32 | 19.32 | 19.32 | 19.31 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.31 | 0 | 19.30 | 20.42 | 2024-04-15 20:00:00 |
| 52wk High | 20.68 | 52wk High Date | 2024-03-20 |
| 52wk Low | 18.8 | 52wk Low Date | 2023-06-23 |
| Year End Close | 19.21 | Payment Date | 2023-06-23 |