Mutual Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
MFS NEW DISCOVERY FUND CL R3 (NASDAQ:MNDHX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for MNDHX
The long term trend has been DOWN since Dec 12th, 2017 at 27.20
The intermediate term trend has been UP since Apr 16th, 2018 at 28.75
The short term trend has been DOWN since Apr 20th, 2018 at 29.19
Smart Scan Analysis for MNDHX
Based on a pre-defined weighted trend formula for chart analysis, MNDHX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||32.29||52wk High Date||2018-06-20|
|52wk Low||26.12||52wk Low Date||2017-07-06|
|Year End Close||27.22||Payment Date||2017-12-12|