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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MAINSTAY MACKAY HIGH YIELD CORPORATE BOND FUND CLASS A (NASDAQ:MHCAX)

Crossroads (+60) - MHCAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_MHCAX
Open High Low MHCAX Price Change
5.15 5.15 5.15 5.19 0.00
Entry Signal

MarketClub’s Trade Triangles for MHCAX

long term up The long-term trend has been UP since Nov 29th, 2023 at 5.05

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2024 at 5.14

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 5.16

Smart Scan Analysis for MHCAX

Based on our trend formula, MHCAX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MHCAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.15 5.15 5.15 5.19 0.00
Prev. Close Volume Bid Ask Time
5.18 0 5.15 5.39 2024-03-18 20:00:00
52wk High5.4352wk High Date2024-03-27
52wk Low4.9152wk Low Date2023-10-31
Year End Close5.16Payment Date2023-08-31
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