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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
THE MERGER FUND - CLASS A (NASDAQ:MERFX)
Sidelines Mode (+55) - MERFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MERFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MERFX.
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 MERFX
The long-term trend has been UP since Apr 1st, 2024 at 17.24
The intermediate-term trend has been UP since Feb 26th, 2024 at 17.15
The short-term trend has been DOWN since Apr 4th, 2024 at 17.25
Smart Scan Analysis for MERFX
Based on our trend formula, MERFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.12 | 17.12 | 17.12 | 17.05 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.08 | 0 | 17.09 | 18.08 | 2024-04-17 20:00:00 |
| 52wk High | 17.58 | 52wk High Date | 2023-12-19 |
| 52wk Low | 16.55 | 52wk Low Date | 2023-05-26 |
| Year End Close | 17.14 | Payment Date | 2019-12-27 |