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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MFS MUNICIPAL INCOME FUND CLASS B (NASDAQ:MMIBX)

Sidelines Mode (+55) - MMIBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MMIBX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MMIBX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MMIBX
Open High Low MMIBX Price Change
8.19 8.19 8.19 8.19 0.00
Entry Signal

MarketClub’s Trade Triangles for MMIBX

long term up The long-term trend has been UP since Dec 1st, 2023 at 8.03

intermediate term up The intermediate-term trend has been UP since Feb 1st, 2024 at 8.23

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 8.24

Smart Scan Analysis for MMIBX

Based on our trend formula, MMIBX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MMIBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.19 8.19 8.19 8.19 0.00
Prev. Close Volume Bid Ask Time
8.19 0 8.19 8.19 2024-03-27 20:00:00
52wk High8.2652wk High Date2024-02-01
52wk Low7.552wk Low Date2023-10-30
Year End Close8.23Payment Date2004-08-31
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