Mutual Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
MFS GLOBAL BOND FUND CL R1 (NASDAQ:MGBKX)
Strong Uptrend (+100) - MGBKX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGBKX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MGBKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGBKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGBKX
The long-term trend has been UP since Jul 6th, 2020 at 9.28
The intermediate-term trend has been UP since Apr 13th, 2020 at 8.83
The short-term trend has been UP since Jul 2nd, 2020 at 9.24
Smart Scan Analysis for MGBKX
Based on our trend formula, MGBKX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.63||52wk High Date||2020-08-06|
|52wk Low||8.32||52wk Low Date||2020-03-18|
|Year End Close||9.09|