Mutual Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
MFS GLOBAL REAL ESTATE FUND CLASS R6 (NASDAQ:MGLRX)
Bull Market Weakness (+75) - MGLRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGLRX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGLRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGLRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGLRX
The long-term trend has been UP since Jul 29th, 2020 at 16.16
The intermediate-term trend has been UP since Oct 18th, 2021 at 21.40
The short-term trend has been UP since Nov 24th, 2021 at 22.11
Smart Scan Analysis for MGLRX
Based on our trend formula, MGLRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.31||52wk High Date||2021-11-24|
|52wk Low||17.25||52wk Low Date||2020-12-21|
|Year End Close||17.72||Payment Date||2019-12-17|