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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MFS GLOBAL BOND FUND CL R3 (NASDAQ:MGBMX)

Countertrend Up (+85) - MGBMX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NASDAQ_MGBMX
Open High Low MGBMX Price Change
8.06 8.06 8.06 8.08 +0.02
Entry Signal

MarketClub’s Trade Triangles for MGBMX

long term up The long-term trend has been UP since Dec 1st, 2023 at 7.84

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 8.03

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 8.08

Smart Scan Analysis for MGBMX

Based on our trend formula, MGBMX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MGBMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.06 8.06 8.06 8.08 +0.02
Prev. Close Volume Bid Ask Time
8.06 0 8.08 8.08 2024-03-27 20:00:00
52wk High8.1952wk High Date2023-12-27
52wk Low7.4452wk Low Date2023-10-19
Year End Close8.16Payment Date2022-12-16
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