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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Mackenzie Floating Rate Income ETF (TSE:MFT)

Long-Term Downtrend (-90) - MFT is in a strong downtrend that is likely to continue. While MFT 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 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.

TSE_MFT
Open High Low MFT Price Change
16.98 17.03 16.98 17.02 +0.02
Entry Signal

MarketClub’s Trade Triangles for MFT

long term down The long-term trend has been DOWN since Sep 3rd, 2024 at 17.08

intermediate term down The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 17.09

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 17.02

Smart Scan Analysis for MFT

Based on our trend formula, MFT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.98 17.03 16.98 17.02 +0.02
Prev. Close Volume Bid Ask Time
17.02 26402 2025-01-17 15:56:17
Year High21.64Year High Date2018-05-18
Year Low21.08Year Low Date2018-11-28
52wk High21.6452wk High Date2018-05-18
52wk Low21.0852wk Low Date2018-11-28
Average Volume39,886Volatility3.54
Payment Date2019-02-27
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