Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
MFS GOVERNMENT SECURITIES FUND CLASS R1 (NASDAQ:MFGGX)
Strong Downtrend (-100) - MFGGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MFGGX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MFGGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFGGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MFGGX
The long-term trend has been DOWN since Apr 5th, 2024 at 8.49
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 8.50
The short-term trend has been DOWN since Apr 5th, 2024 at 8.50
Smart Scan Analysis for MFGGX
Based on our trend formula, MFGGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.48 | 8.48 | 8.48 | 8.36 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.42 | 0 | 8.47 | 8.47 | 2024-04-08 17:53:02 |
| 52wk High | 8.95 | 52wk High Date | 2023-05-04 |
| 52wk Low | 8.09 | 52wk Low Date | 2023-10-19 |
| Year End Close | 8.74 |