Mutual Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
Miller Convertible Bond Fund Class I (NASDAQ:MCIFX)
Long-Term Downtrend (-90) - MCIFX is in a strong downtrend that is likely to continue. While MCIFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCIFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCIFX
The long-term trend has been DOWN since May 12th, 2021 at 14.64
The intermediate-term trend has been DOWN since Jun 15th, 2021 at 14.80
The short-term trend has been DOWN since Jun 15th, 2021 at 14.97
Smart Scan Analysis for MCIFX
Based on our trend formula, MCIFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.37||52wk High Date||2021-02-12|
|52wk Low||12.81||52wk Low Date||2020-06-26|
|Year End Close||14.71||Payment Date||2016-06-15|