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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Madison Covered Call & Equity Strategy Fund (NYSE:MCN)
Long-Term Uptrend (+90) - MCN is in a strong uptrend that is likely to continue. While MCN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MCN
The long-term trend has been UP since Aug 10th, 2022 at 7.4700
The intermediate-term trend has been UP since Jul 11th, 2022 at 6.9627
The short-term trend has been UP since Jul 27th, 2022 at 6.9000
Smart Scan Analysis for MCN
Based on our trend formula, MCN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.63 | 7.75 | 7.59 | 7.62 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.59 | 113653 | 2022-08-15 15:59:50 |
| Year High | 7.94 | Year High Date | 2018-09-14 |
| Year Low | 6.85 | Year Low Date | 2018-11-21 |
| 52wk High | 8.54 | 52wk High Date | 2021-09-14 |
| 52wk Low | 6.44 | 52wk Low Date | 2022-06-17 |
| Year End Close | 7.62 | Average Volume | 67,902 |
| Shares Outstanding | 26,950 | Market Cap | 136M |
| Assets | 159,554,616M | Liabilities | 3,334,830M |
| P/E Ratio | 759 | Beta | 0.87 |
| Volatility | 22.38 |