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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Mackenzie Floating Rate Income ETF (TSE:MFT)

Bull Market Weakness (+75) - MFT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MFT as it may be in the beginning stages of a reversal.

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
17.14 17.21 17.14 17.20 +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 up The intermediate-term trend has been UP since Nov 19th, 2024 at 17.17

short term up The short-term trend has been UP since Nov 6th, 2024 at 17.04

Smart Scan Analysis for MFT

Based on our trend formula, MFT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.14 17.21 17.14 17.20 +0.02
Prev. Close Volume Bid Ask Time
17.20 28684 2024-11-19 15:33:12
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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