Mutual Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
MFS INTERNATIONAL NEW DISCOVERY FUND CLASS A (NASDAQ:MIDAX)
Countertrend Down (-85) - MIDAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MIDAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MIDAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MIDAX
The long-term trend has been DOWN since Nov 26th, 2021 at 37.94
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 38.94
The short-term trend has been UP since Dec 3rd, 2021 at 37.34
Smart Scan Analysis for MIDAX
Based on our trend formula, MIDAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||40.86||52wk High Date||2021-09-03|
|52wk Low||35.66||52wk Low Date||2020-12-08|
|Year End Close||36.72||Payment Date||2021-12-08|