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Mutual Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

MFS GLOBAL BOND FUND CL R4 (NASDAQ:MGBNX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_MGBNX
Open High Low MGBNX Price Change
8.46 8.46 8.46 8.46 0.00
Entry Signal

MarketClub’s Trade Triangles for MGBNX

long term down The long term trend has been DOWN since Apr 23rd, 2018 at 8.93

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 8.66

short term down The short term trend has been DOWN since Sep 24th, 2018 at 8.61

Smart Scan Analysis for MGBNX

Based on a pre-defined weighted trend formula for chart analysis, MGBNX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MGBNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.46 8.46 8.46 8.46 0.00
Prev. Close Volume Bid Ask Time
8.46 2018-10-20 00:00:00
52wk High9.0952wk High Date2018-01-25
52wk Low8.4652wk Low Date2018-10-05
Year End Close8.96
Want to analyze MFS GLOBAL BOND FUND CL R4 MGBNX or another symbol? Try our Free Mutual Trend Analysis Report.