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Mutual Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
BLACKROCK S-T MUNI FD A (NASDAQ:MELMX)
Sidelines Mode (-55) - MELMX 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 MELMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MELMX.
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 MELMX
The long-term trend has been DOWN since Apr 25th, 2024 at 9.84
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 9.87
The short-term trend has been UP since May 2nd, 2024 at 9.83
Smart Scan Analysis for MELMX
Based on our trend formula, MELMX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.84 | 9.84 | 9.84 | 9.85 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.85 | 0 | 9.85 | 10.15 | 2024-05-03 18:05:00 |
| 52wk High | 10.22 | 52wk High Date | 2024-01-03 |
| 52wk Low | 9.64 | 52wk Low Date | 2023-10-31 |
| Year End Close | 9.9 | Payment Date | 2018-12-10 |