Mutual Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
DESTRA MULTI-ALTERNATIVE FUND CLASS C (NASDAQ:MCFDX)
Bull Market Weakness (+75) - MCFDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCFDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCFDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCFDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCFDX
The long-term trend has been UP since Apr 28th, 2021 at 11.49
The intermediate-term trend has been UP since Apr 28th, 2021 at 11.19
The short-term trend has been DOWN since May 6th, 2021 at 11.54
Smart Scan Analysis for MCFDX
Based on our trend formula, MCFDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.66||52wk High Date||2020-12-23|
|52wk Low||10.96||52wk Low Date||2021-04-09|
|Year End Close||11.41||Payment Date||2020-05-29|