Mutual Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
MFS MANAGED WEALTH FUND - CLASS R6 (NASDAQ:MNWZX)
Countertrend Down (-85) - MNWZX 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 MNWZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNWZX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNWZX
The long-term trend has been DOWN since Jan 7th, 2022 at 11.57
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 11.66
The short-term trend has been UP since Jan 20th, 2022 at 11.49
Smart Scan Analysis for MNWZX
Based on our trend formula, MNWZX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.72||52wk High Date||2021-11-19|
|52wk Low||11.31||52wk Low Date||2021-02-26|
|Year End Close||11.66||Payment Date||2021-12-29|