Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
MAINSTAY MACKAY NEW YORK TAX FREE OPPORTUNITIES FUND CLASS INVESTOR (NASDAQ:MNOVX)
Bull Market Weakness (+75) - MNOVX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MNOVX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MNOVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNOVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNOVX
The long-term trend has been DOWN since Mar 12th, 2020 at 10.66
The intermediate-term trend has been UP since May 19th, 2020 at 10.32
The short-term trend has been UP since May 4th, 2020 at 10.17
Smart Scan Analysis for MNOVX
Based on our trend formula, MNOVX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.03||52wk High Date||2020-02-28|
|52wk Low||9.58||52wk Low Date||2020-03-20|
|Year End Close||10.68|