Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
MONDRIAN GLOBAL LISTED INFRASTRUCTURE FUND (NASDAQ:MGIFX)
Countertrend Down (-85) - MGIFX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MGIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGIFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGIFX
The long-term trend has been DOWN since Jun 13th, 2022 at 10.88
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 11.26
The short-term trend has been UP since Jun 24th, 2022 at 10.54
Smart Scan Analysis for MGIFX
Based on our trend formula, MGIFX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.41||52wk High Date||2021-09-02|
|52wk Low||10.46||52wk Low Date||2022-06-17|
|Year End Close||11.55|