MCN Stock Madison Covered Call & Equity Strategy Fund (MCN, $6.26) Stochastic Oscillator left the overbought zone on August 13, 2025

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MCN - Madison Covered Call & Equity Strategy Fund

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Odds of DOWN Trend

Price: $6.26

Daily change: +$0.03 (+0.48%)

Daily volume: 27K

Net Assets: $136.2M

MCN's Indicator enters downward trend

The Aroon Indicator for MCN entered a downward trend on August 12, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 88 similar instances where the Aroon Indicator formed such a pattern. In of the 88 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for MCN moved out of overbought territory on July 11, 2025. 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 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 12, 2025. You may want to consider a long position or call options on MCN as a result. In of 90 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 August 13, 2025. Looking at past instances where MCN's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for MCN moved above the 200-day moving average on July 23, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCN advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

MCN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.