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Mutual Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
BLACKROCK CALIFORNIA MUNICIPAL OPPORTUNITIES FUND - A (NASDAQ:MECMX)
Sidelines Mode (-55) - MECMX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MECMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MECMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MECMX
The long-term trend has been DOWN since Apr 11th, 2024 at 11.87
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 11.98
The short-term trend has been UP since May 1st, 2024 at 11.85
Smart Scan Analysis for MECMX
Based on our trend formula, MECMX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.87 | 11.87 | 11.87 | 11.90 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.87 | 0 | 11.90 | 12.43 | 2024-05-03 20:00:00 |
| 52wk High | 12.05 | 52wk High Date | 2024-03-13 |
| 52wk Low | 11.2 | 52wk Low Date | 2023-10-26 |
| Year End Close | 11.98 | Payment Date | 2019-12-11 |