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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Madison Covered Call & Equity Strategy Fund (NYSE:MCN)
Bull Market Weakness (+75) - MCN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCN as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for MCN
The long-term trend has been DOWN since Apr 12th, 2024 at 7.04
The intermediate-term trend has been UP since Jun 27th, 2024 at 7.50
The short-term trend has been UP since Jul 22nd, 2024 at 7.20
Smart Scan Analysis for MCN
Based on our trend formula, MCN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.280 | 7.450 | 7.250 | 7.380 | +0.115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.265 | 41181 | 2024-07-26 15:43:16 |
| Year High | 7.94 | Year High Date | 2018-09-14 |
| Year Low | 6.85 | Year Low Date | 2018-11-21 |
| 52wk High | 7.72 | 52wk High Date | 2024-03-28 |
| 52wk Low | 6.69 | 52wk Low Date | 2023-10-04 |
| Year End Close | 7.62 | Average Volume | 45,776 |
| Shares Outstanding | 26,950 | Market Cap | 136M |
| Assets | 156,058,065M | Liabilities | 7,427,476M |
| P/E Ratio | 120 | Beta | 0.87 |
| Volatility | 22.38 |