Mutual Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
MAINSTAY MACKAY HIGH YIELD CORPORATE BOND FUND CLASS INVESTOR (NASDAQ:MHHIX)
Sidelines Mode (-55) - MHHIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MHHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MHHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MHHIX
The long-term trend has been UP since Jul 20th, 2020 at 5.44
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 5.73
The short-term trend has been UP since Oct 14th, 2021 at 5.69
Smart Scan Analysis for MHHIX
Based on our trend formula, MHHIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.02||52wk High Date||2021-09-27|
|52wk Low||5.46||52wk Low Date||2020-11-02|
|Year End Close||5.66||Payment Date||2020-05-29|