Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
AdvisorShares Newfleet Multi-sector Income ETF (PACF:MINC)
Countertrend Down (-85) - MINC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MINC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MINC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MINC
The long-term trend has been DOWN since Sep 2nd, 2021 at 48.7177
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 48.6500
The short-term trend has been UP since Oct 14th, 2021 at 48.7700
Smart Scan Analysis for MINC
Based on our trend formula, MINC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||48.49||Year High Date||2018-01-19|
|Year Low||46.31||Year Low Date||2018-07-24|
|52wk High||52.4195||52wk High Date||2021-01-29|
|52wk Low||48.42||52wk Low Date||2020-12-16|