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Mutual Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

MFS GROWTH ALLOCATION FUND - CLASS R6 (NASDAQ:MAGQX)

Bear Market Rally (-75) - MAGQX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MAGQX as it may be in the beginning of a reversal.

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
20.37 20.37 20.37 21.39 +0.44
Entry Signal

MarketClub’s Trade Triangles for MAGQX

long term down The long-term trend has been DOWN since Sep 22nd, 2022 at 21.29

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2022 at 22.86

short term up The short-term trend has been UP since Oct 3rd, 2022 at 20.78

Smart Scan Analysis for MAGQX

Based on our trend formula, MAGQX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MAGQX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.37 20.37 20.37 21.39 +0.44
Prev. Close Volume Bid Ask Time
20.81 0 20.81 20.81 2022-10-03 20:00:00
52wk High28.4152wk High Date2021-11-16
52wk Low20.3752wk Low Date2022-09-30
Year End Close26.33Payment Date2021-12-29
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