Technical Analysis for MGF - MFS® Government Markets Income
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 3.07 | 0.00% | 0.00 |
MGF closed unchanged on Monday, July 1, 2024, on 67 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Support | Bullish | 0.00% | |
| Hammer Candlestick | Bullish | 0.00% | |
| 180 Bullish Setup | Bullish Swing Setup | 0.00% | |
| Doji - Bullish? | Reversal | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| Upper Bollinger Band Walk | Strength | -0.49% | |
| Above Upper BB | Strength | -0.49% | |
| Upper Bollinger Band Touch | Strength | -0.49% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakdown | 3 days ago |
| Rose Above Previous Day's High | 3 days ago |
| Fell Below Upper Bollinger Band | 3 days ago |
| Rose Above Upper Bollinger Band | 4 days ago |
| Rose Above Previous Day's High | 4 days ago |
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Basic chart:
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.
Sector: Financial Services
Industry: Asset Management
Keywords: Bond Mutual Fund Structured Finance Bond Market Mortgage Backed Security Mortgage Loan U.S. Government Debt Income Trust Barclays U.S. Government
Classification
Sector: Financial Services
Industry: Asset Management
Keywords: Bond Mutual Fund Structured Finance Bond Market Mortgage Backed Security Mortgage Loan U.S. Government Debt Income Trust Barclays U.S. Government
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 3.1977 |
| 52 Week Low | 2.7657 |
| Average Volume | 80,646 |
| 200-Day Moving Average | 3.01 |
| 50-Day Moving Average | 3.06 |
| 20-Day Moving Average | 3.05 |
| 10-Day Moving Average | 3.06 |
| Average True Range | 0.03 |
| RSI (14) | 54.75 |
| ADX | 22.23 |
| +DI | 29.34 |
| -DI | 14.42 |
| Chandelier Exit (Long, 3 ATRs) | 3.01 |
| Chandelier Exit (Short, 3 ATRs) | 3.09 |
| Upper Bollinger Bands | 3.09 |
| Lower Bollinger Band | 3.00 |
| Percent B (%b) | 0.8 |
| BandWidth | 2.72 |
| MACD Line | 0.01 |
| MACD Signal Line | 0.00 |
| MACD Histogram | 0.005 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 3.10 | ||||
| Resistance 3 (R3) | 3.10 | 3.08 | 3.10 | ||
| Resistance 2 (R2) | 3.08 | 3.08 | 3.09 | 3.09 | |
| Resistance 1 (R1) | 3.08 | 3.07 | 3.08 | 3.08 | 3.09 |
| Pivot Point | 3.06 | 3.06 | 3.07 | 3.07 | 3.06 |
| Support 1 (S1) | 3.06 | 3.06 | 3.06 | 3.06 | 3.05 |
| Support 2 (S2) | 3.04 | 3.05 | 3.05 | 3.05 | |
| Support 3 (S3) | 3.04 | 3.04 | 3.05 | ||
| Support 4 (S4) | 3.04 |
