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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Mackenzie Canadian Equity Index ETF (TSE:QCN)
Countertrend Up (+85) - QCN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCN.
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 QCN
The long-term trend has been UP since Dec 14th, 2023 at 126.44
The intermediate-term trend has been UP since Jul 3rd, 2024 at 135.24
The short-term trend has been DOWN since Jul 19th, 2024 at 138.17
Smart Scan Analysis for QCN
Based on our trend formula, QCN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 138.63 | 138.85 | 138.48 | 138.85 | +0.67 |
| Prev. Close | Volume | Bid | Ask | Time |
| 138.18 | 445 | 2024-07-26 12:25:00 |
| Year High | 101.4 | Year High Date | 2018-07-12 |
| Year Low | 91.87 | Year Low Date | 2018-10-25 |
| 52wk High | 101.4 | 52wk High Date | 2018-07-12 |
| 52wk Low | 91.87 | 52wk Low Date | 2018-10-25 |
| Average Volume | 312 | Volatility | 18.94 |