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.
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MarketClub’s Trade Triangles for MAGMX
The long-term trend has been UP since Dec 1st, 2023 at 21.66
The intermediate-term trend has been UP since Jan 22nd, 2024 at 21.86
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).
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 High | 23.29 | 52wk High Date | 2024-03-27 |
52wk Low | 19.94 | 52wk Low Date | 2023-10-27 |
Year End Close | 21.99 | Payment Date | 2019-12-26 |