Mutual Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
MFS MANAGED WEALTH FUND - CLASS R1 (NASDAQ:MNWRX)
Countertrend Down (-85) - MNWRX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MNWRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNWRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNWRX
The long-term trend has been DOWN since Jan 7th, 2022 at 11.09
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 11.16
The short-term trend has been UP since Jan 20th, 2022 at 11.01
Smart Scan Analysis for MNWRX
Based on our trend formula, MNWRX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.22||52wk High Date||2021-09-02|
|52wk Low||10.91||52wk Low Date||2021-02-26|
|Year End Close||11.17|