Mutual Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
MFS GROWTH FUND CLASS R1 (NASDAQ:MFELX)
Strong Downtrend (-100) - MFELX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MFELX continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for MFELX
The long-term trend has been DOWN since Jan 7th, 2022 at 129.52
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 116.54
The short-term trend has been DOWN since May 18th, 2022 at 99.34
Smart Scan Analysis for MFELX
Based on our trend formula, MFELX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||144.88||52wk High Date||2021-11-19|
|52wk Low||97.2||52wk Low Date||2022-05-11|
|Year End Close||136.68||Payment Date||2020-07-01|