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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

MFS Government Markets Income Trust (NYSE:MGF)

Strong Downtrend (-100) - MGF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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NYSE_MGF
Open High Low MGF Price Change
4.2400 4.2500 4.2300 4.2399 -0.0101
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 Aug 19th, 2021 at 4.40

short term down The short-term trend has been DOWN since Sep 23rd, 2021 at 4.38

Smart Scan Analysis for MGF

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

-100
Smart Scan Analysis for MGF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2400 4.2500 4.2300 4.2399 -0.0101
Prev. Close Volume Bid Ask Time
4.2500 39130 2021-10-18 12:06:53
Year High4.86Year High Date2018-01-02
Year Low4.29Year Low Date2018-11-12
52wk High4.6752wk High Date2020-12-03
52wk Low4.2452wk Low Date2021-10-15
Year End Close6.85Average Volume82,613
Shares Outstanding57,890% Institutional90.8
Market Cap149MAssets168,770,605M
Liabilities22,627,408MP/E Ratio42.5
Beta0.8Volatility5.93
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