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Mutual Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
MFS MUNICIPAL HIGH INCOME FUND - CLASS R6 (NASDAQ:MMHKX)
Strong Uptrend (+100) - MMHKX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MMHKX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MMHKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMHKX.
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 MMHKX
The long-term trend has been UP since Dec 1st, 2023 at 7.10
The intermediate-term trend has been UP since May 6th, 2024 at 7.27
The short-term trend has been UP since May 3rd, 2024 at 7.24
Smart Scan Analysis for MMHKX
Based on our trend formula, MMHKX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.27 | 7.27 | 7.27 | 7.31 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.28 | 0 | 7.28 | 7.28 | 2024-05-06 20:00:00 |
| 52wk High | 7.37 | 52wk High Date | 2024-03-13 |
| 52wk Low | 6.65 | 52wk Low Date | 2023-10-31 |
| Year End Close | 7.3 |