MFS GOVT MARKETS INC TRUST (MGF) Stock Technical Analysis
NYSE:MGF - New York Stock Exchange, Inc. - US5529391006 - Currency: USD
Taking everything into account, MGF scores 1 out of 10 in our technical rating. MGF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, MGF is a bad performer in the overall market: 61% of all stocks are doing better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MGF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGF is lagging the market.
In the last month MGF has a been trading in a tight range between 3.04 and 3.17.
MGF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MGF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.99
3.41
We found 1 important support area.
- A support zone ranging from 3.02 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.08 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.17 to 3.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 3.27 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.53
Mansfield-0.9
10 Day High3.17
10 Day Low3.04
20 Day High3.17
20 Day Low3.04
52 Week High3.39
52 Week Low2.95
Performance
1 Week-0.97%
2 Weeks-0.97%
1 Month0%
3 Month-0.57%
6 Month-4.36%
12 Month-0.65%
2 Year-6.12%
3 Year-21.28%
5 Year-31.47%
10 Year-47.07%
15 Year-60.28%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.95
LBB3.05
UBB3.12
NYSE:MGF (2/21/2025, 8:04:00 PM)
3.07
-0.01 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-0.97%
2 Weeks-0.97%
1 Month0%
3 Month-0.57%
6 Month-4.36%
12 Month-0.65%
2 Year-6.12%
3 Year-21.28%
5 Year-31.47%
10 Year-47.07%
15 Year-60.28%
Volatility
ATR(14)0.04
ATR(20)%1.07%
ATR Inc141.94%
Range Today0.1
ADR(20)0.03
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.53
Mansfield-0.9
10 Day High3.17
10 Day Low3.04
20 Day High3.17
20 Day Low3.04
52 Week High3.39
52 Week Low2.95
CS1 End3.07
CR1 Start3.08
Volume & EV
DER(3)8.91%
DER(5)3.75%
Volume56.80K
Volume Incr47.95%
Vol(5)43.40K
Vol(50)49.90K