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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

MFS Government Markets Income Trust (NYSE:MGF)

Crossroads (+60) - MGF is struggling to move into a solid trend. Beware of choppy markets 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
3.09 3.12 3.09 3.10 0.00
Entry Signal

MarketClub’s Trade Triangles for MGF

long term down The long-term trend has been DOWN since May 22nd, 2023 at 3.22

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 3.08

short term up The short-term trend has been UP since Nov 20th, 2023 at 3.08

Smart Scan Analysis for MGF

Based on our trend formula, MGF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MGF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.09 3.12 3.09 3.10 0.00
Prev. Close Volume Bid Ask Time
3.10 39959 2023-12-04 14:00:40
Year High4.86Year High Date2018-01-02
Year Low4.29Year Low Date2018-11-12
52wk High3.4652wk High Date2023-04-04
52wk Low2.9152wk Low Date2023-10-30
Year End Close6.85Average Volume46,209
Shares Outstanding57,890% Institutional90.8
Market Cap149MAssets121,151,176M
Liabilities5,936,026MP/E Ratio51
Beta0.8Volatility5.93
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