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Mutual Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

MFS Global Bond Fund Cl A (NASDAQ:MGBAX)

Strong Downtrend (-100) - MGBAX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MGBAX continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MGBAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGBAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGBAX
Open High Low MGBAX Price Change
7.95 7.95 7.95 7.96 +0.02
Entry Signal

MarketClub’s Trade Triangles for MGBAX

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 8.01

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 8.06

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 8.11

Smart Scan Analysis for MGBAX

Based on our trend formula, MGBAX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MGBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.95 7.95 7.95 7.96 +0.02
Prev. Close Volume Bid Ask Time
7.96 0 7.97 8.32 2024-04-17 20:00:00
52wk High8.6152wk High Date2023-12-27
52wk Low7.4952wk Low Date2023-10-19
Year End Close8.2Payment Date2022-12-16
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