Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
THE MERGER FUND INSTITUTIONAL CLASS (NASDAQ:MERIX)
Bull Market Weakness (+75) - MERIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MERIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MERIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MERIX.
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 MERIX
The long-term trend has been DOWN since Dec 20th, 2023 at 16.99
The intermediate-term trend has been UP since Feb 26th, 2024 at 16.97
The short-term trend has been UP since Mar 18th, 2024 at 16.99
Smart Scan Analysis for MERIX
Based on our trend formula, MERIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
17.02 | 17.02 | 17.02 | 17.06 | +0.02 |
Prev. Close | Volume | Bid | Ask | Time |
17.05 | 0 | 17.04 | 17.04 | 2024-03-25 20:00:00 |
52wk High | 17.44 | 52wk High Date | 2023-12-19 |
52wk Low | 16.39 | 52wk Low Date | 2023-05-26 |
Year End Close | 16.96 | Payment Date | 2019-12-27 |