Mutual Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
MFS MANAGED WEALTH FUND - CLASS C (NASDAQ:MNWCX)
Long-Term Uptrend (+90) - MNWCX is in a strong uptrend that is likely to continue. While MNWCX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MNWCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNWCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNWCX
The long-term trend has been UP since Apr 14th, 2020 at 11.10
The intermediate-term trend has been UP since Jul 2nd, 2020 at 11.23
The short-term trend has been UP since Jul 17th, 2020 at 11.24
Smart Scan Analysis for MNWCX
Based on our trend formula, MNWCX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.31||52wk High Date||2020-07-29|
|52wk Low||10.56||52wk Low Date||2020-03-23|
|Year End Close||10.86|