Mutual Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
MFS EMERGING MARKETS EQUITY FUND CLASS R2 (NASDAQ:MEMFX)
Bull Market Weakness (+75) - MEMFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MEMFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MEMFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEMFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEMFX
The long-term trend has been DOWN since Jul 8th, 2021 at 35.74
The intermediate-term trend has been UP since Oct 11th, 2021 at 34.18
The short-term trend has been UP since Oct 7th, 2021 at 33.38
Smart Scan Analysis for MEMFX
Based on our trend formula, MEMFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||38.92||52wk High Date||2021-02-16|
|52wk Low||30.32||52wk Low Date||2020-10-30|
|Year End Close||35.35||Payment Date||2019-12-12|