Mutual Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
HENNESSY ENERGY TRANSITION FUND INSTITUTIONAL CLASS (NASDAQ:HNRIX)
Bull Market Weakness (+75) - HNRIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HNRIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HNRIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HNRIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HNRIX
The long-term trend has been UP since Oct 1st, 2021 at 17.51
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 21.37
The short-term trend has been UP since May 13th, 2022 at 21.10
Smart Scan Analysis for HNRIX
Based on our trend formula, HNRIX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||23.01||52wk High Date||2022-04-18|
|52wk Low||14.03||52wk Low Date||2021-08-19|
|Year End Close||15.83||Payment Date||2019-12-27|