Mutual Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
MERIDIAN CONTRARIAN FUND (NASDAQ:MVALX)
Long-Term Uptrend (+90) - MVALX is in a strong uptrend that is likely to continue. While MVALX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MVALX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MVALX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MVALX
The long-term trend has been UP since Jun 5th, 2020 at 32.94
The intermediate-term trend has been UP since Mar 10th, 2021 at 47.76
The short-term trend has been UP since Mar 26th, 2021 at 46.52
Smart Scan Analysis for MVALX
Based on our trend formula, MVALX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||49.29||52wk High Date||2021-03-15|
|52wk Low||26.07||52wk Low Date||2020-04-21|
|Year End Close||41.69||Payment Date||2019-12-20|