Mutual Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
MFS MASSACHUSETTS MUNICIPAL BOND FUND -R6 (NASDAQ:MPMAX)
Strong Uptrend (+100) - MPMAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MPMAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for MPMAX
The long-term trend has been UP since Jul 6th, 2020 at 9.70
The intermediate-term trend has been UP since May 19th, 2020 at 9.45
The short-term trend has been UP since Jun 24th, 2020 at 9.67
Smart Scan Analysis for MPMAX
Based on our trend formula, MPMAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.17||52wk High Date||2020-02-27|
|52wk Low||8.81||52wk Low Date||2020-03-20|
|Year End Close||9.85|