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Mutual Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

MAINSTAY EQUITY ALLOCATION FUND CLASS A (NASDAQ:MGXAX)

Weak Uptrend (+65) - MGXAX is showing signs of weakening momentum to the upside. Monitor MGXAX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MGXAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGXAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGXAX
Open High Low MGXAX Price Change
15.92 15.92 15.92 16.24 +0.18
Entry Signal

MarketClub’s Trade Triangles for MGXAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 14.68

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 16.29

short term up The short-term trend has been UP since Apr 22nd, 2024 at 15.87

Smart Scan Analysis for MGXAX

Based on our trend formula, MGXAX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MGXAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.92 15.92 15.92 16.24 +0.18
Prev. Close Volume Bid Ask Time
15.97 0 16.10 16.60 2024-04-23 20:00:00
52wk High17.1652wk High Date2024-03-28
52wk Low13.3252wk Low Date2023-10-27
Year End Close15.57Payment Date2019-12-30
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