Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

MFS GLOBAL BOND FUND CL B (NASDAQ:MGBBX)

Long-Term Downtrend (-90) - MGBBX is in a strong downtrend that is likely to continue. While MGBBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_MGBBX
Open High Low MGBBX Price Change
7.98 7.98 7.98 7.92 -0.04
Entry Signal

MarketClub’s Trade Triangles for MGBBX

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 7.97

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 8.02

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 8.07

Smart Scan Analysis for MGBBX

Based on our trend formula, MGBBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MGBBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.98 7.98 7.98 7.92 -0.04
Prev. Close Volume Bid Ask Time
7.91 0 7.94 7.94 2024-04-15 20:00:00
52wk High8.1952wk High Date2023-12-27
52wk Low7.4552wk Low Date2023-10-19
Year End Close8.16Payment Date2022-12-16
Get a free daily analysis and signals for MFS GLOBAL BOND FUND CL B (MGBBX) - Request Your Free Report.