Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
MAINSTAY MACKAY SHORT DURATION HIGH YIELD FUND CLASS I (NASDAQ:MDHIX)
Bull Market Weakness (+75) - MDHIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDHIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MDHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDHIX
The long-term trend has been DOWN since Feb 27th, 2020 at 9.84
The intermediate-term trend has been UP since Apr 13th, 2020 at 8.83
The short-term trend has been UP since May 18th, 2020 at 9.01
Smart Scan Analysis for MDHIX
Based on our trend formula, MDHIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.95||52wk High Date||2020-01-15|
|52wk Low||8.11||52wk Low Date||2020-03-23|
|Year End Close||9.92||Payment Date||2020-03-31|