Mutual Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
MFS TOTAL RETURN BOND FUND CLASS R6 (NASDAQ:MRBKX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MRBKX
The long term trend has been UP since Jan 3rd, 2019 at 10.33
The intermediate term trend has been UP since Dec 4th, 2018 at 10.21
The short term trend has been DOWN since Sep 5th, 2019 at 11.14
Smart Scan Analysis for MRBKX
Based on a pre-defined weighted trend formula for chart analysis, MRBKX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||11.16||52wk High Date||2019-09-04|
|52wk Low||10.17||52wk Low Date||2018-11-02|
|Year End Close||10.32|