Mutual Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
MFS LOW VOLATILITY GLOBAL EQUITY FUND CL A (NASDAQ:MVGAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 MVGAX
The long term trend has been UP since Apr 26th, 2019 at 13.53
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 13.97
The short term trend has been UP since Aug 8th, 2019 at 13.71
Smart Scan Analysis for MVGAX
Based on a pre-defined weighted trend formula for chart analysis, MVGAX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2018-09-21|
|52wk Low||11.98||52wk Low Date||2018-12-24|
|Year End Close||12.4||Payment Date||2018-12-20|