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Mutual Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

MFS Technology Fund Class R6 (NASDAQ:MTCLX)

Long-Term Downtrend (-90) - MTCLX is in a strong downtrend that is likely to continue. While MTCLX 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 MTCLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTCLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MTCLX
Open High Low MTCLX Price Change
50.04 50.04 50.04 51.26 +0.35
Entry Signal

MarketClub’s Trade Triangles for MTCLX

long term down The long-term trend has been DOWN since Dec 7th, 2021 at 77.20

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 51.37

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 51.19

Smart Scan Analysis for MTCLX

Based on our trend formula, MTCLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MTCLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.04 50.04 50.04 51.26 +0.35
Prev. Close Volume Bid Ask Time
50.39 0 50.39 50.39 2022-07-01 20:00:00
52wk High85.9852wk High Date2021-11-16
52wk Low48.5352wk Low Date2022-06-16
Year End Close72.89Payment Date2019-12-10
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