Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

MFS Global Bond Fund Cl R1 (NASDAQ:MGBKX)

Long-Term Downtrend (-90) - MGBKX is in a strong downtrend that is likely to continue. While MGBKX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_MGBKX
Open High Low MGBKX Price Change
7.92 7.92 7.92 7.92 0.00
Entry Signal

MarketClub’s Trade Triangles for MGBKX

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 7.97

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 8.01

short term down The short-term trend has been DOWN since Apr 1st, 2024 at 8.06

Smart Scan Analysis for MGBKX

Based on our trend formula, MGBKX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MGBKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.92 7.92 7.92 7.92 0.00
Prev. Close Volume Bid Ask Time
7.92 0 7.92 7.92 2024-04-22 18:45:00
52wk High8.1952wk High Date2023-12-27
52wk Low7.4452wk Low Date2023-10-19
Year End Close8.16Payment Date2022-12-16
Get a free daily analysis and signals for MFS Global Bond Fund Cl R1 (MGBKX) - Request Your Free Report.