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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Mexico Equity and Income Fund, Inc. (The) (NYSE:MXE)

Strong Downtrend (-100) - MXE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MXE?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MXE
Open High Low MXE Price Change
8.51 8.51 8.48 8.50 -0.09
Entry Signal

MarketClub’s Trade Triangles for MXE

long term down The long-term trend has been DOWN since May 29th, 2024 at 10.61

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 8.97

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 8.56

Smart Scan Analysis for MXE

Based on our trend formula, MXE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.51 8.51 8.48 8.50 -0.09
Prev. Close Volume Bid Ask Time
8.51 1755 2024-11-20 14:57:26
Year High13.05Year High Date2018-09-18
Year Low9.2899Year Low Date2018-11-26
52wk High11.6352wk High Date2024-04-09
52wk Low8.3652wk Low Date2024-11-06
Year End Close14.25Average Volume11,079
Shares Outstanding2,474Short Interest22,786
% Institutional51.4Market Cap72M
Assets46,034,406MLiabilities164,482M
P/E Ratio23.5116Beta1.04
Volatility43.49
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