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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

MAINGATE MLP FUND CLASS I (NASDAQ:IMLPX)

Crossroads (+60) - IMLPX 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 IMLPX?

MarketClub looks at technical strength and momentum to determine if the timing is right for IMLPX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_IMLPX
Open High Low IMLPX Price Change
8.55 8.55 8.55 8.84 +0.02
Entry Signal

MarketClub’s Trade Triangles for IMLPX

long term up The long-term trend has been UP since Jul 3rd, 2023 at 7.24

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 8.70

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 8.94

Smart Scan Analysis for IMLPX

Based on our trend formula, IMLPX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IMLPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.55 8.55 8.55 8.84 +0.02
Prev. Close Volume Bid Ask Time
8.83 0 8.57 8.57 2024-04-17 18:25:00
52wk High8.9752wk High Date2024-04-03
52wk Low6.7252wk Low Date2023-05-04
Year End Close7.93Payment Date2022-10-19
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