Mutual Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
MFS NEW DISCOVERY FUND CLASS R5 (NASDAQ:MNDKX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MNDKX
The long term trend has been UP since Apr 5th, 2019 at 30.02
The intermediate term trend has been UP since Jan 7th, 2019 at 24.83
The short term trend has been UP since Mar 28th, 2019 at 29.25
Smart Scan Analysis for MNDKX
Based on a pre-defined weighted trend formula for chart analysis, MNDKX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-08-31|
|52wk Low||22.9||52wk Low Date||2018-12-24|
|Year End Close||24.56||Payment Date||2018-12-11|