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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
MAINGATE MLP FUND CLASS C SHARES (NASDAQ:MLCPX)
Bull Market Weakness (+75) - MLCPX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLCPX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MLCPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLCPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLCPX
The long-term trend has been UP since Jul 3rd, 2023 at 6.34
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 7.50
The short-term trend has been UP since Apr 19th, 2024 at 7.40
Smart Scan Analysis for MLCPX
Based on our trend formula, MLCPX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.59 | 7.59 | 7.59 | 7.60 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.59 | 0 | 7.60 | 7.60 | 2024-04-25 20:00:00 |
| 52wk High | 7.74 | 52wk High Date | 2024-04-03 |
| 52wk Low | 5.88 | 52wk Low Date | 2023-05-04 |
| Year End Close | 6.86 | Payment Date | 2022-10-19 |