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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
MFS GOVERNMENT SECURITIES FUND CL R2 (NASDAQ:MGVSX)
Bear Market Rally (-75) - MGVSX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGVSX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MGVSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGVSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGVSX
The long-term trend has been DOWN since Apr 5th, 2024 at 8.49
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 8.50
The short-term trend has been UP since Apr 23rd, 2024 at 8.36
Smart Scan Analysis for MGVSX
Based on our trend formula, MGVSX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.36 | 8.36 | 8.36 | 8.35 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.36 | 0 | 8.38 | 8.38 | 2024-04-23 18:05:00 |
| 52wk High | 8.95 | 52wk High Date | 2023-05-04 |
| 52wk Low | 8.09 | 52wk Low Date | 2023-10-19 |
| Year End Close | 8.74 | Payment Date | 2004-08-31 |