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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
MFS Alabama Municipal Bond Fund - Class I (NASDAQ:MLALX)
Bear Market Rally (-75) - MLALX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MLALX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MLALX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLALX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLALX
The long-term trend has been DOWN since Apr 2nd, 2024 at 8.96
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 9.03
The short-term trend has been UP since Apr 23rd, 2024 at 8.87
Smart Scan Analysis for MLALX
Based on our trend formula, MLALX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.87 | 8.87 | 8.87 | 8.87 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.87 | 0 | 8.88 | 8.88 | 2024-04-23 18:25:00 |
| 52wk High | 9.12 | 52wk High Date | 2024-02-01 |
| 52wk Low | 8.25 | 52wk Low Date | 2023-10-30 |
| Year End Close | 9.1 |