Stock Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
IQ MERGER ARBITRAGE ETF (PACF:MNA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MNA
The long term trend has been UP since Jul 3rd, 2018 at 30.8900
The intermediate term trend has been UP since Jul 3rd, 2018 at 30.8900
The short term trend has been DOWN since Sep 20th, 2018 at 31.6601
Smart Scan Analysis for MNA
Based on a pre-defined weighted trend formula for chart analysis, MNA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||31.92||Year High Date||2018-01-25|
|Year Low||30.25||Year Low Date||2018-05-11|
|52wk High||31.92||52wk High Date||2018-01-25|
|52wk Low||30.25||52wk Low Date||2018-05-11|
|Year End Close||25.159||Average Volume||50,242|