Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
MFS EQUITY INCOME FUND CL R3 (NASDAQ:EQNTX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EQNTX
The long term trend has been UP since Jul 24th, 2018 at 16.04
The intermediate term trend has been UP since Jul 17th, 2018 at 15.92
The short term trend has been DOWN since Oct 4th, 2018 at 16.44
Smart Scan Analysis for EQNTX
Based on a pre-defined weighted trend formula for chart analysis, EQNTX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.85||52wk High Date||2018-01-26|
|52wk Low||15.1||52wk Low Date||2018-04-02|
|Year End Close||15.79||Payment Date||2018-09-26|