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Mutual Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

MFS VALUE FUND CLASS R5 (NASDAQ:MEIKX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_MEIKX
Open High Low MEIKX Price Change
40.14 40.49 40.49 40.49 +0.35
Entry Signal

MarketClub’s Trade Triangles for MEIKX

long term up The long term trend has been UP since Apr 1st, 2019 at 40.02

intermediate term down The intermediate term trend has been DOWN since May 8th, 2019 at 40.50

short term down The short term trend has been DOWN since May 13th, 2019 at 40.42

Smart Scan Analysis for MEIKX

Based on a pre-defined weighted trend formula for chart analysis, MEIKX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for MEIKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.14 40.49 40.49 40.49 +0.35
Prev. Close Volume Bid Ask Time
40.49 0 40.49 40.49 2019-05-16 20:00:00
52wk High201852wk High Date2018-09-21
52wk Low33.4652wk Low Date2018-12-24
Year End Close35.3Payment Date2018-12-20
Want to analyze MFS VALUE FUND CLASS R5 MEIKX or another symbol? Try our Free Mutual Trend Analysis Report.