Mutual Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
MFS TOTAL RETURN BOND FUND CLASS I (NASDAQ:MRBIX)
Strong Downtrend (-100) - MRBIX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MRBIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRBIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRBIX
The long-term trend has been DOWN since Oct 6th, 2021 at 11.32
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 11.41
The short-term trend has been DOWN since Oct 18th, 2021 at 11.30
Smart Scan Analysis for MRBIX
Based on our trend formula, MRBIX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.63||52wk High Date||2020-11-30|
|52wk Low||11.16||52wk Low Date||2021-03-18|
|Year End Close||11.61||Payment Date||2005-11-30|