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Mutual Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

MFS Alabama Municipal Bond Fund - Class I (NASDAQ:MLALX)

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

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

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

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

NASDAQ_MLALX
Open High Low MLALX Price Change
8.88 8.88 8.88 8.87 +0.03
Entry Signal

MarketClub’s Trade Triangles for MLALX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 8.96

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 9.03

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 9.07

Smart Scan Analysis for MLALX

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

-100
Smart Scan Analysis for MLALX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.88 8.88 8.88 8.87 +0.03
Prev. Close Volume Bid Ask Time
8.87 0 8.91 8.91 2024-04-12 20:00:00
52wk High9.1252wk High Date2024-02-01
52wk Low8.2552wk Low Date2023-10-30
Year End Close9.1
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