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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
MERIDIAN HEDGED EQUITY FUND - CLASS C SHARES (NASDAQ:MRCEX)
Countertrend Up (+85) - MRCEX 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 MRCEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRCEX.
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 MRCEX
The long-term trend has been UP since Nov 20th, 2023 at 11.90
The intermediate-term trend has been UP since Feb 2nd, 2024 at 12.49
The short-term trend has been DOWN since Apr 10th, 2024 at 12.87
Smart Scan Analysis for MRCEX
Based on our trend formula, MRCEX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.55 | 12.55 | 12.55 | 12.81 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.75 | 0 | 12.62 | 12.62 | 2024-04-19 20:00:00 |
| 52wk High | 13.05 | 52wk High Date | 2024-03-28 |
| 52wk Low | 11.05 | 52wk Low Date | 2023-05-02 |
| Year End Close | 12.4 | Payment Date | 2019-12-20 |