Mutual Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
MFS GROWTH FUND CLASS A (NASDAQ:MFEGX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for MFEGX
The long term trend has been UP since Mar 1st, 2019 at 100.73
The intermediate term trend has been DOWN since Aug 1st, 2019 at 112.00
The short term trend has been UP since Aug 8th, 2019 at 109.63
Smart Scan Analysis for MFEGX
Based on a pre-defined weighted trend formula for chart analysis, MFEGX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2018-10-01|
|52wk Low||82.04||52wk Low Date||2018-12-24|
|Year End Close||88.3|