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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI)
Long-Term Downtrend (-90) - MEGI is in a strong downtrend that is likely to continue. While MEGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MEGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEGI.
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 MEGI
The long-term trend has been DOWN since Apr 12th, 2024 at 11.94
The intermediate-term trend has been DOWN since Jan 31st, 2024 at 13.01
The short-term trend has been DOWN since Apr 10th, 2024 at 12.22
Smart Scan Analysis for MEGI
Based on our trend formula, MEGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.540 | 11.650 | 11.510 | 11.605 | +0.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.610 | 162111 | 2024-04-18 15:59:46 |
| 52wk High | 14.89 | 52wk High Date | 2023-04-19 |
| 52wk Low | 10.63 | 52wk Low Date | 2023-10-23 |
| Average Volume | 159,259 | Assets | 125,088,946M |
| Liabilities | 350,406,038M |