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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.

NASDAQ_MENCX
Open High Low MENCX Price Change
8.33 8.33 8.33 8.30 +0.08
Entry Signal

MarketClub’s Trade Triangles for MENCX

long term down The long-term trend has been DOWN since Sep 29th, 2023 at 8.40

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 8.13

short term up 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).

+70
Smart Scan Analysis for MENCX
Strong Downtrend Sideways 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 High8.7852wk High Date2023-07-31
52wk Low8.0252wk Low Date2024-02-05
Year End Close8.29Payment Date2024-03-28
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