Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
The Merger Fund - Class A (NASDAQ:MERFX)
Bull Market Weakness (+75) - MERFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MERFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MERFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MERFX.
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 MERFX
The long-term trend has been DOWN since Dec 20th, 2023 at 17.14
The intermediate-term trend has been UP since Feb 26th, 2024 at 17.15
The short-term trend has been UP since Mar 19th, 2024 at 17.17
Smart Scan Analysis for MERFX
Based on our trend formula, MERFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
17.22 | 17.22 | 17.22 | 17.23 | +0.01 |
Prev. Close | Volume | Bid | Ask | Time |
17.22 | 0 | 17.23 | 18.23 | 2024-03-27 20:00:00 |
52wk High | 18.6 | 52wk High Date | 2023-12-19 |
52wk Low | 16.55 | 52wk Low Date | 2023-05-26 |
Year End Close | 17.14 | Payment Date | 2019-12-27 |