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Stock Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

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
19.27 19.29 19.27 19.29 +0.02
Entry Signal

MarketClub’s Trade Triangles for MFT

long term up The long-term trend has been UP since Jul 27th, 2020 at 18.45

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 19.24

short term up The short-term trend has been UP since Jan 17th, 2022 at 19.27

Smart Scan Analysis for MFT

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

+75
Smart Scan Analysis for MFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.27 19.29 19.27 19.29 +0.02
Prev. Close Volume Bid Ask Time
19.29 20511 2022-01-17 15:58:10
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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