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Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Mackenzie Floating Rate Income ETF (TSE:MFT)
Sidelines Mode (+55) - MFT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFT.
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 MFT
The long-term trend has been DOWN since Nov 1st, 2023 at 17.30
The intermediate-term trend has been UP since Nov 21st, 2023 at 17.35
The short-term trend has been DOWN since Nov 27th, 2023 at 17.32
Smart Scan Analysis for MFT
Based on our trend formula, MFT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.32 | 17.36 | 17.32 | 17.36 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.43 | 11265 | 2023-11-28 15:59:56 |
| Year High | 21.64 | Year High Date | 2018-05-18 |
| Year Low | 21.08 | Year Low Date | 2018-11-28 |
| 52wk High | 21.64 | 52wk High Date | 2018-05-18 |
| 52wk Low | 21.08 | 52wk Low Date | 2018-11-28 |
| Average Volume | 39,886 | Volatility | 3.54 |
| Payment Date | 2019-02-27 |