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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

IQ Merger Arbitrage ETF (PACF:MNA)

Bull Market Weakness (+75) - MNA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MNA as it may be in the beginning stages of a reversal.

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

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

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

PACF_MNA
Open High Low MNA Price Change
31.2200 31.2200 31.1201 31.1700 -0.0700
Entry Signal

MarketClub’s Trade Triangles for MNA

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 30.82

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 31.19

short term up The short-term trend has been UP since May 24th, 2024 at 31.28

Smart Scan Analysis for MNA

Based on our trend formula, MNA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MNA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.2200 31.2200 31.1201 31.1700 -0.0700
Prev. Close Volume Bid Ask Time
31.2400 19852 2024-05-28 15:59:54
Year High32.11Year High Date2018-11-07
Year Low30.25Year Low Date2018-05-11
52wk High32.019252wk High Date2023-12-27
52wk Low30.3652wk Low Date2024-05-16
Year End Close25.159Average Volume55,363
Shares Outstanding500Assets125M
Beta0.28Volatility5.52
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