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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.
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MarketClub’s Trade Triangles for MTCLX
The long-term trend has been DOWN since Dec 7th, 2021 at 77.20
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 51.37
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).
| 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 High | 85.98 | 52wk High Date | 2021-11-16 |
| 52wk Low | 48.53 | 52wk Low Date | 2022-06-16 |
| Year End Close | 72.89 | Payment Date | 2019-12-10 |