Stock Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Mackenzie Canadian Short Term Fixed Income ETF (TSE:MCSB)
Long-Term Downtrend (-90) - MCSB is in a strong downtrend that is likely to continue. While MCSB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCSB?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCSB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCSB
The long-term trend has been DOWN since Jul 2nd, 2021 at 20.30
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 20.25
The short-term trend has been DOWN since Dec 6th, 2021 at 19.98
Smart Scan Analysis for MCSB
Based on our trend formula, MCSB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||20.05||Year High Date||2018-07-19|
|Year Low||19.73||Year Low Date||2018-06-06|
|52wk High||20.06||52wk High Date||2017-12-05|
|52wk Low||19.73||52wk Low Date||2018-06-06|