Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
MFS GOVERNMENT SECURITIES FUND CL R2 (NASDAQ:MGVSX)
Weak Downtrend (-65) - MGVSX is showing signs of a strengthening downtrend. Monitor MGVSX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MGVSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGVSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGVSX
The long-term trend has been DOWN since Oct 7th, 2021 at 10.08
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 10.04
The short-term trend has been DOWN since Nov 22nd, 2021 at 10.04
Smart Scan Analysis for MGVSX
Based on our trend formula, MGVSX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.38||52wk High Date||2021-01-04|
|52wk Low||10||52wk Low Date||2021-11-23|
|Year End Close||10.37||Payment Date||2004-08-31|