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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

IQ Merger Arbitrage ETF (PACF:MNA)

Bear Market Rally (-75) - MNA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MNA as it may be in the beginning 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.

PACF_MNA
Open High Low MNA Price Change
30.890 30.951 30.830 30.855 -0.015
Entry Signal

MarketClub’s Trade Triangles for MNA

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 30.820

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 31.250

short term up The short-term trend has been UP since Apr 19th, 2024 at 30.945

Smart Scan Analysis for MNA

Based on our trend formula, MNA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MNA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.890 30.951 30.830 30.855 -0.015
Prev. Close Volume Bid Ask Time
30.840 21107 2024-04-19 15:59:28
Year High32.11Year High Date2018-11-07
Year Low30.25Year Low Date2018-05-11
52wk High32.019252wk High Date2023-12-27
52wk Low30.692552wk Low Date2024-04-16
Year End Close25.159Average Volume74,145
Shares Outstanding500Assets125M
Beta0.28Volatility5.52
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