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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for MCN
The long-term trend has been DOWN since Apr 12th, 2024 at 7.0400
The intermediate-term trend has been DOWN since Sep 17th, 2024 at 7.2200
The short-term trend has been DOWN since Nov 15th, 2024 at 6.9969
Smart Scan Analysis for MCN
Based on our trend formula, MCN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.0400 | 7.0600 | 7.0100 | 7.0203 | -0.0297 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.0500 | 58370 | 2024-11-19 15:59:19 |
| 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 | 6.84 | 52wk Low Date | 2024-10-31 |
| Year End Close | 7.62 | Average Volume | 57,808 |
| Shares Outstanding | 26,950 | Market Cap | 136M |
| Assets | 152,887,397M | Liabilities | 10,080,651M |
| P/E Ratio | 120 | Beta | 0.87 |
| Volatility | 22.38 |