Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
MFS GOVERNMENT SECURITIES FUND CLASS R1 (NASDAQ:MFGGX)
Sidelines Mode (-55) - MFGGX 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 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 Oct 7th, 2021 at 10.08
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 9.17
The short-term trend has been UP since Jun 29th, 2022 at 9.06
Smart Scan Analysis for MFGGX
Based on our trend formula, MFGGX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.22||52wk High Date||2021-08-03|
|52wk Low||8.9||52wk Low Date||2022-06-14|
|Year End Close||10.04|