Mutual Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
BLACKROCK TOTAL RETURN FUND CLASS R (NASDAQ:MRCBX)
Sidelines Mode (+55) - MRCBX 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 MRCBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRCBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRCBX
The long-term trend has been DOWN since Oct 5th, 2021 at 11.96
The intermediate-term trend has been UP since Jul 5th, 2022 at 10.40
The short-term trend has been DOWN since Aug 2nd, 2022 at 10.60
Smart Scan Analysis for MRCBX
Based on our trend formula, MRCBX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.13||52wk High Date||2021-09-14|
|52wk Low||10.15||52wk Low Date||2022-06-14|
|Year End Close||11.85||Yield||2.8335|