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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
MFS CALIFORNIA MUNICIPAL BOND TRUST CLASS A (NASDAQ:MCFTX)
Strong Downtrend (-100) - MCFTX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MCFTX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCFTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCFTX.
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 MCFTX
The long-term trend has been DOWN since Apr 10th, 2024 at 5.53
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 5.59
The short-term trend has been DOWN since Mar 14th, 2024 at 5.61
Smart Scan Analysis for MCFTX
Based on our trend formula, MCFTX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.52 | 5.52 | 5.52 | 5.52 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.52 | 0 | 5.52 | 5.77 | 2024-04-19 20:00:00 |
| 52wk High | 5.87 | 52wk High Date | 2024-03-13 |
| 52wk Low | 5.11 | 52wk Low Date | 2023-10-31 |
| Year End Close | 5.61 | Payment Date | 2005-11-30 |