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Stock Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Mackenzie US High Yield Bond Index ETF (TSE:QHY)

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

Is it time to buy, sell, or avoid QHY?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_QHY
Open High Low QHY Price Change
93.10 93.10 93.10 93.10 -1.56
Entry Signal

MarketClub’s Trade Triangles for QHY

long term up The long-term trend has been UP since Jul 16th, 2020 at 88.30

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2020 at 90.64

short term up The short-term trend has been UP since Mar 27th, 2020 at 80.54

Smart Scan Analysis for QHY

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

+70
Smart Scan Analysis for QHY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.10 93.10 93.10 93.10 -1.56
Prev. Close Volume Bid Ask Time
85.31 1500 2020-11-10 10:16:52
Year High99.75Year High Date2018-01-31
Year Low93.46Year Low Date2018-11-27
52wk High99.7552wk High Date2018-01-31
52wk Low93.4652wk Low Date2018-11-27
Average Volume1,075Volatility7.82
Payment Date2019-02-27
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