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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

MFS Government Markets Income Trust (NYSE:MGF)

Sidelines Mode (-55) - MGF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NYSE_MGF
Open High Low MGF Price Change
3.520 3.550 3.520 3.545 +0.005
Entry Signal

MarketClub’s Trade Triangles for MGF

long term down The long-term trend has been DOWN since Sep 23rd, 2021 at 4.32

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 3.54

short term up The short-term trend has been UP since Jun 22nd, 2022 at 3.42

Smart Scan Analysis for MGF

Based on our trend formula, MGF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MGF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.520 3.550 3.520 3.545 +0.005
Prev. Close Volume Bid Ask Time
3.540 93010 2022-07-05 15:58:28
Year High4.86Year High Date2018-01-02
Year Low4.29Year Low Date2018-11-12
52wk High4.4552wk High Date2021-07-21
52wk Low3.3652wk Low Date2022-06-16
Year End Close6.85Average Volume129,377
Shares Outstanding57,890% Institutional90.8
Market Cap149MAssets166,969,126M
Liabilities25,116,943MP/E Ratio44.25
Beta0.8Volatility5.93
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