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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Morgan Stanley Institutional Fund Inc. - Emerging Markets Leaders Portfolio Class A (NASDAQ:MELAX)
Countertrend Up (+85) - MELAX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MELAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MELAX.
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 MELAX
The long-term trend has been UP since Nov 30th, 2023 at 13.67
The intermediate-term trend has been UP since Feb 14th, 2024 at 14.05
The short-term trend has been UP since Apr 5th, 2024 at 14.61
Smart Scan Analysis for MELAX
Based on our trend formula, MELAX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.32 | 14.32 | 14.32 | 14.33 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.32 | 0 | 14.33 | 15.12 | 2024-04-25 20:00:00 |
| 52wk High | 15.57 | 52wk High Date | 2024-04-11 |
| 52wk Low | 12.39 | 52wk Low Date | 2023-10-26 |
| Year End Close | 19.37 | Payment Date | 2019-12-16 |