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Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

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

Crossroads (+60) - MCN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
7.0700 7.1099 7.0500 7.0700 +0.0100
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 up The intermediate-term trend has been UP since Nov 22nd, 2024 at 7.08

short term up The short-term trend has been UP since Nov 22nd, 2024 at 7.06

Smart Scan Analysis for MCN

Based on our trend formula, MCN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0700 7.1099 7.0500 7.0700 +0.0100
Prev. Close Volume Bid Ask Time
7.0700 17164 2024-11-29 12:54:23
Year High7.94Year High Date2018-09-14
Year Low6.85Year Low Date2018-11-21
52wk High7.7252wk High Date2024-03-28
52wk Low6.8452wk Low Date2024-10-31
Year End Close7.62Average Volume53,630
Shares Outstanding26,950Market Cap136M
Assets152,887,397MLiabilities10,080,651M
P/E Ratio120Beta0.87
Volatility22.38
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