Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
MFS EMERGING MARKETS DEBT LOCAL CURRENCY CLASS R2 (NASDAQ:EMLKX)
Crossroads (+60) - EMLKX 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 EMLKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMLKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMLKX
The long-term trend has been DOWN since Feb 28th, 2020 at 6.80
The intermediate-term trend has been UP since Apr 13th, 2020 at 5.76
The short-term trend has been UP since May 18th, 2020 at 5.94
Smart Scan Analysis for EMLKX
Based on our trend formula, EMLKX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.1||52wk High Date||2020-01-02|
|52wk Low||5.38||52wk Low Date||2020-03-23|
|Year End Close||7.09|