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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Madison Covered Call & Equity Strategy Fund (NYSE:MCN)

Bear Market Rally (-75) - MCN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MCN as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MCN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MCN
Open High Low MCN Price Change
6.7000 6.7081 6.6600 6.6800 -0.0050
Entry Signal

MarketClub’s Trade Triangles for MCN

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 7.040

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 6.980

short term up The short-term trend has been UP since Dec 26th, 2024 at 6.685

Smart Scan Analysis for MCN

Based on our trend formula, MCN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.7000 6.7081 6.6600 6.6800 -0.0050
Prev. Close Volume Bid Ask Time
6.6850 24894 2024-12-26 11:29:39
Year High7.94Year High Date2018-09-14
Year Low6.85Year Low Date2018-11-21
52wk High7.7252wk High Date2024-03-28
52wk Low6.520252wk Low Date2024-12-20
Year End Close7.62Average Volume56,399
Shares Outstanding26,950Market Cap136M
Assets152,887,397MLiabilities10,080,651M
P/E Ratio120Beta0.87
Volatility22.38
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