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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MFS GROWTH ALLOCATION FUND CLASS R1 (NASDAQ:MAGMX)

Strong Uptrend (+100) - MAGMX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MAGMX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

NASDAQ_MAGMX
Open High Low MAGMX Price Change
23.28 23.28 23.28 23.32 -0.06
Entry Signal

MarketClub’s Trade Triangles for MAGMX

long term up The long-term trend has been UP since Dec 1st, 2023 at 21.66

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2024 at 21.86

short term up The short-term trend has been UP since Feb 29th, 2024 at 22.63

Smart Scan Analysis for MAGMX

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

+100
Smart Scan Analysis for MAGMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.28 23.28 23.28 23.32 -0.06
Prev. Close Volume Bid Ask Time
23.14 0 23.22 23.22 2024-03-22 20:00:00
52wk High23.2952wk High Date2024-03-27
52wk Low19.9452wk Low Date2023-10-27
Year End Close21.99Payment Date2019-12-26
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