Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

MFS Growth Allocation Fund - Class R6 (NASDAQ:MAGQX)

Weak Downtrend (-65) - MAGQX is showing signs of a strengthening downtrend. Monitor MAGQX as it may be building momentum to the downside.

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

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

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

NASDAQ_MAGQX
Open High Low MAGQX Price Change
24.04 24.04 24.04 23.81 -0.11
Entry Signal

MarketClub’s Trade Triangles for MAGQX

long term up The long-term trend has been UP since Dec 1st, 2023 at 23.19

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 24.45

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 24.68

Smart Scan Analysis for MAGQX

Based on our trend formula, MAGQX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MAGQX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.04 24.04 24.04 23.81 -0.11
Prev. Close Volume Bid Ask Time
23.85 0 23.93 23.93 2024-04-16 20:00:00
52wk High24.8552wk High Date2024-03-28
52wk Low21.3352wk Low Date2023-10-27
Year End Close23.37Payment Date2023-12-28
Get a free daily analysis and signals for MFS Growth Allocation Fund - Class R6 (MAGQX) - Request Your Free Report.