Stock Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
IQ Hedge Macro Tracker ETF (PACF:MCRO)
Weak Downtrend (-65) - MCRO is showing signs of a strengthening downtrend. Monitor MCRO as it may be building momentum to the downside.
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 UP since Sep 2nd, 2020 at 27.720
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 29.000
The short-term trend has been DOWN since Feb 24th, 2021 at 29.065
Smart Scan Analysis for MCRO
Based on our trend formula, MCRO is rated as a -70 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||30.33||52wk High Date||2021-02-22|
|52wk Low||21.76||52wk Low Date||2020-03-23|
|Year End Close||27.396||Average Volume||616|