Mutual Trend Analysis Report
Prepared for you on Wednesday, September 22, 2021.
Madison Covered Call & Equity Income Fund Class Y (NASDAQ:MENYX)
Sidelines Mode (+55) - MENYX 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 MENYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MENYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MENYX
The long-term trend has been UP since Jun 8th, 2020 at 8.03
The intermediate-term trend has been UP since Aug 27th, 2021 at 10.05
The short-term trend has been DOWN since Sep 20th, 2021 at 10.12
Smart Scan Analysis for MENYX
Based on our trend formula, MENYX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.34||52wk High Date||2021-06-11|
|52wk Low||7.99||52wk Low Date||2020-10-01|
|Year End Close||8.8||Payment Date||2020-06-30|