Technical Analysis for MGF - MFS Government Markets Income Trust

Grade Last Price % Change Price Change
grade D 4.53 0.44% 0.02
MGF closed up 0.44 percent on Friday, September 20, 2019, on 28.99 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Flat
See historical MGF trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Oversold Stochastic Weakness 0.00%
Crossed Above 200 DMA Bullish 0.44%
Cup with Handle Other 0.44%
Lower Bollinger Band Walk Weakness 0.44%
200 DMA Resistance Bearish 0.67%
New Downtrend Bearish 0.67%

Older signals for MGF ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
MFS Government Markets Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets of United States. It primarily invests in investment grade debt instruments. The fund also invests in mortgage backed, U.S. government agencies, international sovereigns, U.S. treasuries, cash and other net assets, emerging markets debt, high grade corporates, and residential mortgage backed securities. It benchmarks the performance of its portfolio against the Barclays U.S. Government/Mortgage Bond Index. MFS Government Markets Income Trust was formed in May 28, 1987 and is domiciled in the United States.
Bond Mutual Fund United States Housing Bubble Bond Market Financial Law Structured Finance Mortgage Loan Mortgage Backed Security Debt U.S. Government
Is MGF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.68
52 Week Low 4.29
Average Volume 113,522
200-Day Moving Average 4.5064
50-Day Moving Average 4.5767
20-Day Moving Average 4.577
10-Day Moving Average 4.544
Average True Range 0.0318
ADX 30.39
+DI 8.7929
-DI 24.7061
Chandelier Exit (Long, 3 ATRs ) 4.5446
Chandelier Exit (Short, 3 ATRs ) 4.5954
Upper Bollinger Band 4.6612
Lower Bollinger Band 4.4928
Percent B (%b) 0.22
BandWidth 3.679266
MACD Line -0.0209
MACD Signal Line -0.0114
MACD Histogram -0.0096
Fundamentals Value
Market Cap 147.68 Million
Num Shares 32.6 Million
EPS 0.09
Price-to-Earnings (P/E) Ratio 50.33
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.56
Resistance 3 (R3) 4.56 4.54 4.56
Resistance 2 (R2) 4.54 4.54 4.55 4.55
Resistance 1 (R1) 4.54 4.53 4.54 4.54 4.55
Pivot Point 4.52 4.52 4.53 4.53 4.52
Support 1 (S1) 4.52 4.52 4.52 4.52 4.51
Support 2 (S2) 4.50 4.51 4.51 4.51
Support 3 (S3) 4.50 4.50 4.51
Support 4 (S4) 4.50