Mutual Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
MFS VALUE FUND - CL I (NASDAQ:MEIIX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 MEIIX
The long term trend has been DOWN since Feb 8th, 2018 at 40.18
The intermediate term trend has been DOWN since Jun 25th, 2018 at 39.36
The short term trend has been DOWN since Jul 3rd, 2018 at 38.96
Smart Scan Analysis for MEIIX
Based on a pre-defined weighted trend formula for chart analysis, MEIIX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.55||52wk High Date||2018-01-26|
|52wk Low||38.53||52wk Low Date||2018-05-03|
|Year End Close||40.79||Payment Date||2018-06-27|