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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

MFS HIGH INCOME FUND CLASS R3 (NASDAQ:MHIHX)

Long-Term Downtrend (-90) - MHIHX is in a strong downtrend that is likely to continue. While MHIHX 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 MHIHX?

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

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

NASDAQ_MHIHX
Open High Low MHIHX Price Change
2.99 2.99 2.99 3.00 +0.01
Entry Signal

MarketClub’s Trade Triangles for MHIHX

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 3.03

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 3.04

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 3.05

Smart Scan Analysis for MHIHX

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

-90
Smart Scan Analysis for MHIHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.99 2.99 2.99 3.00 +0.01
Prev. Close Volume Bid Ask Time
3.00 0 3.00 3.00 2024-04-19 20:00:00
52wk High3.0752wk High Date2023-12-29
52wk Low2.8552wk Low Date2023-10-30
Year End Close3.07Payment Date2008-10-01
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