Mutual Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
MFS MID CAP GROWTH FUND CLASS R1 (NASDAQ:OTCGX)
Countertrend Up (+85) - OTCGX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OTCGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for OTCGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OTCGX
The long-term trend has been UP since Jun 1st, 2020 at 17.61
The intermediate-term trend has been UP since Nov 5th, 2020 at 20.90
The short-term trend has been DOWN since Nov 18th, 2020 at 20.89
Smart Scan Analysis for OTCGX
Based on our trend formula, OTCGX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.43||52wk High Date||2020-11-06|
|52wk Low||12.2||52wk Low Date||2020-03-23|
|Year End Close||16.98|