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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
MFS MASSACHUSETTS MUNICIPAL BOND FUND -R6 (NASDAQ:MPMAX)
Long-Term Downtrend (-90) - MPMAX is in a strong downtrend that is likely to continue. While MPMAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MPMAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MPMAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MPMAX
The long-term trend has been DOWN since Apr 2nd, 2024 at 8.89
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 8.96
The short-term trend has been DOWN since Mar 14th, 2024 at 9.00
Smart Scan Analysis for MPMAX
Based on our trend formula, MPMAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.87 | 8.87 | 8.87 | 8.85 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.86 | 0 | 8.86 | 8.86 | 2024-04-08 20:00:00 |
| 52wk High | 9.03 | 52wk High Date | 2024-02-01 |
| 52wk Low | 8.24 | 52wk Low Date | 2023-10-30 |
| Year End Close | 9 |