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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.

NASDAQ_MERIX
Open High Low MERIX Price Change
17.02 17.02 17.02 17.06 +0.02
Entry Signal

MarketClub’s Trade Triangles for MERIX

long term down The long-term trend has been DOWN since Dec 20th, 2023 at 16.99

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 16.97

short term up 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).

+70
Smart Scan Analysis for MERIX
Strong Downtrend Sideways 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 High17.4452wk High Date2023-12-19
52wk Low16.3952wk Low Date2023-05-26
Year End Close16.96Payment Date2019-12-27
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