Mutual Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
MFS NORTH CAROLINA MUNICIPAL BOND FUND - R6 (NASDAQ:MPNCX)
Long-Term Downtrend (-90) - MPNCX is in a strong downtrend that is likely to continue. While MPNCX 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 MPNCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MPNCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MPNCX
The long-term trend has been DOWN since Mar 11th, 2020 at 9.83
The intermediate-term trend has been DOWN since Mar 10th, 2020 at 10.00
The short-term trend has been DOWN since Mar 31st, 2020 at 9.58
Smart Scan Analysis for MPNCX
Based on our trend formula, MPNCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.11||52wk High Date||2020-02-27|
|52wk Low||8.87||52wk Low Date||2020-03-20|
|Year End Close||9.85|