Mutual Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
MainStay Defensive ETF Allocation Fund Class I (NASDAQ:MDNIX)
Countertrend Down (-85) - MDNIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MDNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDNIX
The long-term trend has been DOWN since Jan 3rd, 2022 at 10.38
The intermediate-term trend has been DOWN since Dec 30th, 2021 at 10.44
The short-term trend has been UP since Jan 11th, 2022 at 10.30
Smart Scan Analysis for MDNIX
Based on our trend formula, MDNIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.65||52wk High Date||2021-11-09|
|52wk Low||10.26||52wk Low Date||2021-03-08|
|Year End Close||10.39||Payment Date||2021-12-30|