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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Madison Covered Call & Equity Income Fund Class A (NASDAQ:MENAX)

Countertrend Down (-85) - MENAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid MENAX?

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

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

NASDAQ_MENAX
Open High Low MENAX Price Change
9.29 9.29 9.29 9.28 0.00
Entry Signal

MarketClub’s Trade Triangles for MENAX

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 9.14

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 9.35

short term up The short-term trend has been UP since Apr 22nd, 2024 at 9.20

Smart Scan Analysis for MENAX

Based on our trend formula, MENAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MENAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.29 9.29 9.29 9.28 0.00
Prev. Close Volume Bid Ask Time
9.29 0 9.29 10.07 2024-04-24 20:00:00
52wk High10.2352wk High Date2023-04-28
52wk Low9.0852wk Low Date2024-02-05
Year End Close9.38Payment Date2020-03-31
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