Mutual Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
MFS GOVERNMENT SECURITIES FUND CLASS R3 (NASDAQ:MFGHX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MFGHX
The long term trend has been DOWN since Nov 7th, 2019 at 9.95
The intermediate term trend has been UP since Jan 3rd, 2020 at 9.99
The short term trend has been UP since Jan 15th, 2020 at 9.99
Smart Scan Analysis for MFGHX
Based on a pre-defined weighted trend formula for chart analysis, MFGHX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.15||52wk High Date||2019-09-04|
|52wk Low||9.54||52wk Low Date||2019-01-23|
|Year End Close||9.94||Payment Date||2008-09-30|