Stock Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
IQ Hedge Macro Tracker ETF (PACF:MCRO)
Sidelines Mode (+50) - MCRO is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MCRO can gain momentum.
Is it time to buy, sell, or avoid MCRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCRO
The long-term trend has been DOWN since Sep 15th, 2021 at 28.2901
The intermediate-term trend has been UP since Jul 20th, 2022 at 25.2966
The short-term trend has been UP since Jul 18th, 2022 at 25.1901
Smart Scan Analysis for MCRO
Based on our trend formula, MCRO is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.2||Year High Date||2018-01-26|
|Year Low||25.38||Year Low Date||2018-10-25|
|52wk High||28.6||52wk High Date||2021-09-08|
|52wk Low||25.06||52wk Low Date||2022-06-14|
|Year End Close||27.396||Average Volume||166|