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Mutual Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

MFS GLOBAL BOND FUND CL R2 (NASDAQ:MGBLX)

Sidelines Mode (-55) - MGBLX 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 MGBLX?

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

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

NASDAQ_MGBLX
Open High Low MGBLX Price Change
9.4 9.4 9.4 9.4 0.0
Entry Signal

MarketClub’s Trade Triangles for MGBLX

long term down The long-term trend has been DOWN since Feb 24th, 2021 at 9.53

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2021 at 9.37

short term down The short-term trend has been DOWN since Jun 15th, 2021 at 9.43

Smart Scan Analysis for MGBLX

Based on our trend formula, MGBLX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MGBLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.4 9.4 9.4 9.4 0.0
Prev. Close Volume Bid Ask Time
9.4 0 9.4 9.4 2021-06-22 20:00:00
52wk High9.8852wk High Date2020-12-16
52wk Low9.2352wk Low Date2020-06-30
Year End Close9.72
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