Mutual Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
MFS Emerging Markets Debt Local Currency Class R1 (NASDAQ:EMLJX)
Bear Market Rally (-75) - EMLJX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EMLJX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EMLJX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMLJX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMLJX
The long-term trend has been DOWN since Mar 3rd, 2021 at 6.65
The intermediate-term trend has been UP since Apr 15th, 2021 at 6.50
The short-term trend has been DOWN since Apr 27th, 2021 at 6.54
Smart Scan Analysis for EMLJX
Based on our trend formula, EMLJX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.99||52wk High Date||2021-01-06|
|52wk Low||5.86||52wk Low Date||2020-05-07|
|Year End Close||6.97|