Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Madison Covered Call & Equity Income Fund Class C (NASDAQ:MENCX)
Bull Market Weakness (+75) - MENCX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MENCX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MENCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MENCX.
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 MENCX
The long-term trend has been DOWN since Sep 29th, 2023 at 8.40
The intermediate-term trend has been UP since Mar 5th, 2024 at 8.13
The short-term trend has been UP since Feb 29th, 2024 at 8.06
Smart Scan Analysis for MENCX
Based on our trend formula, MENCX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.33 | 8.33 | 8.33 | 8.30 | +0.08 |
Prev. Close | Volume | Bid | Ask | Time |
8.33 | 0 | 8.41 | 8.48 | 2024-03-27 20:00:00 |
52wk High | 8.78 | 52wk High Date | 2023-07-31 |
52wk Low | 8.02 | 52wk Low Date | 2024-02-05 |
Year End Close | 8.29 | Payment Date | 2024-03-28 |