Free Daily Analysis

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.

NASDAQ_MFGGX
Open High Low MFGGX Price Change
9.03 9.03 9.03 9.13 +0.05
Entry Signal

MarketClub’s Trade Triangles for MFGGX

long term down The long-term trend has been DOWN since Oct 7th, 2021 at 10.08

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 9.17

short term up 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).

-55
Smart Scan Analysis for MFGGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.03 9.03 9.03 9.13 +0.05
Prev. Close Volume Bid Ask Time
9.03 0 9.08 9.08 2022-06-29 20:00:00
52wk High10.2252wk High Date2021-08-03
52wk Low8.952wk Low Date2022-06-14
Year End Close10.04
Get a free daily analysis and signals for MFS GOVERNMENT SECURITIES FUND CLASS R1 (MFGGX) - Request Your Free Report.