Mutual Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
MFS ALABAMA MUNICIPAL BOND FUND CLASS A (NASDAQ:MFALX)
Sidelines Mode (+55) - MFALX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MFALX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFALX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFALX
The long-term trend has been DOWN since Sep 27th, 2021 at 10.59
The intermediate-term trend has been UP since Nov 5th, 2021 at 10.52
The short-term trend has been DOWN since Nov 15th, 2021 at 10.56
Smart Scan Analysis for MFALX
Based on our trend formula, MFALX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.17||52wk High Date||2021-08-03|
|52wk Low||10.42||52wk Low Date||2021-03-01|
|Year End Close||10.55||Payment Date||2006-11-30|