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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

MFS GLOBAL REAL ESTATE FUND CLASS R6 (NASDAQ:MGLRX)

Countertrend Down (-85) - MGLRX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_MGLRX
Open High Low MGLRX Price Change
15.80 15.80 15.80 15.66 -0.09
Entry Signal

MarketClub’s Trade Triangles for MGLRX

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 15.99

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 16.39

short term up The short-term trend has been UP since Apr 22nd, 2024 at 15.50

Smart Scan Analysis for MGLRX

Based on our trend formula, MGLRX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MGLRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.80 15.80 15.80 15.66 -0.09
Prev. Close Volume Bid Ask Time
15.61 0 15.71 15.71 2024-04-24 18:25:00
52wk High17.152wk High Date2023-12-28
52wk Low13.8352wk Low Date2023-10-27
Year End Close16.97Payment Date2019-12-17
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