Mutual Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
MFS GLOBAL NEW DISCOVER FUND CLASS R6 (NASDAQ:GLNNX)
Long-Term Downtrend (-90) - GLNNX is in a strong downtrend that is likely to continue. While GLNNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GLNNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLNNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLNNX
The long-term trend has been DOWN since Dec 1st, 2021 at 26.47
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 19.30
The short-term trend has been DOWN since Jun 8th, 2022 at 20.40
Smart Scan Analysis for GLNNX
Based on our trend formula, GLNNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.74||52wk High Date||2021-09-03|
|52wk Low||17.97||52wk Low Date||2022-06-16|
|Year End Close||25.88||Payment Date||2019-12-10|