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Mutual Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

MFS GROWTH FUND CLASS R1 (NASDAQ:MFELX)

Sidelines Mode (+55) - MFELX 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 MFELX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MFELX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MFELX
Open High Low MFELX Price Change
128.94 128.94 128.94 130.51 -1.26
Entry Signal

MarketClub’s Trade Triangles for MFELX

long term up The long-term trend has been UP since Nov 10th, 2023 at 116.25

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 131.87

short term up The short-term trend has been UP since Apr 23rd, 2024 at 128.45

Smart Scan Analysis for MFELX

Based on our trend formula, MFELX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MFELX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.94 128.94 128.94 130.51 -1.26
Prev. Close Volume Bid Ask Time
127.68 0 127.68 127.68 2024-04-25 20:00:00
52wk High135.3452wk High Date2024-03-22
52wk Low101.3852wk Low Date2023-05-04
Year End Close115.39Payment Date2023-12-20
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