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Stock Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

MFS Government Markets Income Trust (NYSE:MGF)

Weak Downtrend (-65) - MGF is showing signs of a strengthening downtrend. Monitor MGF as it may be building momentum to the downside.

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
3.090 3.100 3.090 3.095 -0.010
Entry Signal

MarketClub’s Trade Triangles for MGF

long term down The long-term trend has been DOWN since May 29th, 2024 at 3.05

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2024 at 3.09

short term down The short-term trend has been DOWN since Jul 12th, 2024 at 3.13

Smart Scan Analysis for MGF

Based on our trend formula, MGF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MGF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.090 3.100 3.090 3.095 -0.010
Prev. Close Volume Bid Ask Time
3.095 65654 2024-07-17 15:59:25
Year High4.86Year High Date2018-01-02
Year Low4.29Year Low Date2018-11-12
52wk High3.2952wk High Date2023-07-21
52wk Low2.9152wk Low Date2023-10-30
Year End Close6.85Average Volume137,544
Shares Outstanding57,890% Institutional90.8
Market Cap149MAssets121,151,176M
Liabilities5,936,026MP/E Ratio51
Beta0.8Volatility5.93
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