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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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

Strong Downtrend (-100) - MCN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MCN continues to fall. Traders should use caution and set stops.

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
7.04 7.04 6.95 6.96 -0.04
Entry Signal

MarketClub’s Trade Triangles for MCN

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 7.04

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7.15

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 7.20

Smart Scan Analysis for MCN

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

-100
Smart Scan Analysis for MCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.04 7.04 6.95 6.96 -0.04
Prev. Close Volume Bid Ask Time
7.00 48891 2024-04-15 15:57:39
Year High7.94Year High Date2018-09-14
Year Low6.85Year Low Date2018-11-21
52wk High8.652wk High Date2023-04-27
52wk Low6.6952wk Low Date2023-10-04
Year End Close7.62Average Volume59,241
Shares Outstanding26,950Market Cap136M
Assets156,058,065MLiabilities7,427,476M
P/E Ratio120Beta0.87
Volatility22.38
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