Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
MERIDIAN ENHANCED EQUITY FUND LEGACY CLASS SHARES (NASDAQ:MEIFX)
Bull Market Weakness (+75) - MEIFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MEIFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MEIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEIFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEIFX
The long-term trend has been DOWN since Dec 20th, 2019 at 19.02
The intermediate-term trend has been UP since Apr 6th, 2020 at 12.68
The short-term trend has been UP since May 15th, 2020 at 13.90
Smart Scan Analysis for MEIFX
Based on our trend formula, MEIFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.35||52wk High Date||2019-12-19|
|52wk Low||11.21||52wk Low Date||2020-03-16|
|Year End Close||14.53||Payment Date||2019-12-20|