Mutual Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
MFS TECHNOLOGY FUND - CLASS B (NASDAQ:MTCBX)
Bull Market Weakness (+75) - MTCBX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTCBX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MTCBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTCBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTCBX
The long-term trend has been UP since Jun 17th, 2021 at 58.63
The intermediate-term trend has been UP since Aug 23rd, 2021 at 61.24
The short-term trend has been UP since Sep 15th, 2021 at 62.13
Smart Scan Analysis for MTCBX
Based on our trend formula, MTCBX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||63.02||52wk High Date||2021-09-07|
|52wk Low||49.95||52wk Low Date||2020-09-23|
|Year End Close||54.34||Payment Date||2019-12-10|