MCN Stock Madison Covered Call & Equity Strategy Fund (MCN, $6.07) RSI Indicator left the overbought zone on January 07, 2026

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MCN - Madison Covered Call & Equity Strategy Fund

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Odds of DOWN Trend

Price: $6.07

Daily change: -$0.04 (-0.65%)

Daily volume: 99.3K

Net Assets: $137M

This is a signal that MCN's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 35 similar cases where MCN's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

MCN's Stochastic Oscillator stays in overbought zone for 12 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for MCN moved out of overbought territory on January 07, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MCN broke above its upper Bollinger Band on January 06, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 19, 2025. You may want to consider a long position or call options on MCN as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MCN just turned positive on December 23, 2025. Looking at past instances where MCN's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

MCN moved above its 50-day moving average on December 24, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MCN crossed bullishly above the 50-day moving average on December 30, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCN advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 210 cases where MCN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .