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Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
IQ Merger Arbitrage ETF (PACF:MNA)
Bull Market Weakness (+75) - MNA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MNA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNA.
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 MNA
The long-term trend has been DOWN since Sep 27th, 2022 at 30.1001
The intermediate-term trend has been UP since Mar 27th, 2023 at 31.2400
The short-term trend has been UP since Mar 16th, 2023 at 31.0600
Smart Scan Analysis for MNA
Based on our trend formula, MNA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.4200 | 31.4200 | 31.3292 | 31.3703 | +0.0703 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.3000 | 30698 | 2023-03-29 14:57:23 |
| Year High | 32.11 | Year High Date | 2018-11-07 |
| Year Low | 30.25 | Year Low Date | 2018-05-11 |
| 52wk High | 32.25 | 52wk High Date | 2022-04-20 |
| 52wk Low | 30.08 | 52wk Low Date | 2022-09-27 |
| Year End Close | 25.159 | Average Volume | 122,762 |
| Shares Outstanding | 500 | Assets | 125M |
| Beta | 0.28 | Volatility | 5.52 |