Mutual Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
MERIDIAN ENHANCED EQUITY FUND CLASS A SHARES (NASDAQ:MRAEX)
Bear Market Rally (-75) - MRAEX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MRAEX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MRAEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRAEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRAEX
The long-term trend has been DOWN since Dec 18th, 2020 at 16.08
The intermediate-term trend has been UP since Feb 2nd, 2021 at 16.11
The short-term trend has been DOWN since Feb 22nd, 2021 at 16.53
Smart Scan Analysis for MRAEX
Based on our trend formula, MRAEX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.81||52wk High Date||2020-12-17|
|52wk Low||11.08||52wk Low Date||2020-03-16|
|Year End Close||15.89||Payment Date||2019-12-20|