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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

MFS Global Real Estate Fund Class A (NASDAQ:MGLAX)

Countertrend Up (+85) - MGLAX 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 MGLAX?

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

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

NASDAQ_MGLAX
Open High Low MGLAX Price Change
16.35 16.35 16.35 16.34 -0.05
Entry Signal

MarketClub’s Trade Triangles for MGLAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 15.73

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 16.31

short term up The short-term trend has been UP since Feb 29th, 2024 at 16.15

Smart Scan Analysis for MGLAX

Based on our trend formula, MGLAX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MGLAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.35 16.35 16.35 16.34 -0.05
Prev. Close Volume Bid Ask Time
16.30 0 16.30 17.29 2024-03-15 20:00:00
52wk High18.0652wk High Date2023-12-28
52wk Low13.7252wk Low Date2023-10-27
Year End Close16.88Payment Date2019-12-17
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