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Stock Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

Mackenzie Core Plus Global Fixed Income ETF (TSE:MGB)

Bear Market Rally (-75) - MGB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGB as it may be in the beginning of a reversal.

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

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

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

TSE_MGB
Open High Low MGB Price Change
16.41 16.41 16.35 16.35 -0.10
Entry Signal

MarketClub’s Trade Triangles for MGB

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 16.37

intermediate term up The intermediate-term trend has been UP since Nov 26th, 2024 at 16.43

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 16.43

Smart Scan Analysis for MGB

Based on our trend formula, MGB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MGB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.41 16.41 16.35 16.35 -0.10
Prev. Close Volume Bid Ask Time
16.35 5444 2024-12-13 15:59:30
Year High20.02Year High Date2018-01-16
Year Low18.91Year Low Date2018-11-28
52wk High20.1152wk High Date2017-12-14
52wk Low18.9152wk Low Date2018-11-28
Average Volume3,956Volatility4.16
Payment Date2019-02-27
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