Mutual Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
MFS BOND FUND - CLASS I (NASDAQ:MBDIX)
Long-Term Downtrend (-90) - MBDIX is in a strong downtrend that is likely to continue. While MBDIX 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 MBDIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MBDIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MBDIX
The long-term trend has been DOWN since Oct 5th, 2021 at 15.25
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 15.37
The short-term trend has been DOWN since Oct 19th, 2021 at 15.19
Smart Scan Analysis for MBDIX
Based on our trend formula, MBDIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.87||52wk High Date||2020-12-03|
|52wk Low||14.81||52wk Low Date||2021-03-18|
|Year End Close||15.76||Payment Date||2004-03-31|