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Mutual Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

MFS GLOBAL BOND FUND CL R4 (NASDAQ:MGBNX)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
8.62 8.62 8.62 8.62 +0.02
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 up The intermediate term trend has been UP since Jul 7th, 2018 at 8.71

short term up The short term trend has been UP since Jul 3rd, 2018 at 8.68

Smart Scan Analysis for MGBNX

Based on a pre-defined weighted trend formula for chart analysis, MGBNX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for MGBNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.62 8.62 8.62 8.62 +0.02
Prev. Close Volume Bid Ask Time
8.62 2018-08-19 00:00:00
52wk High9.0952wk High Date2017-09-08
52wk Low8.5852wk Low Date2018-08-14
Year End Close8.96
Want to analyze MFS GLOBAL BOND FUND CL R4 MGBNX or another symbol? Try our Free Mutual Trend Analysis Report.