Mfs High Income Stock Technical Analysis

CXE Stock  USD 3.73  0.03  0.80%   
As of the 18th of January 2025, MFS High secures the Risk Adjusted Performance of (0.05), mean deviation of 0.61, and Market Risk Adjusted Performance of (0.26). MFS High Income technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify MFS High Income market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if MFS High Income is priced more or less accurately, providing market reflects its recent price of 3.73 per share. Given that MFS High Income has information ratio of (0.1), we recommend you to check MFS High's last-minute market performance to make sure the company can sustain itself at some point in the future.

MFS High Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MFS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MFS
  
MFS High's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
MFS High technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MFS High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MFS High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

MFS High Income Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MFS High Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MFS High Income Trend Analysis

Use this graph to draw trend lines for MFS High Income. You can use it to identify possible trend reversals for MFS High as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MFS High price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MFS High Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MFS High Income applied against its price change over selected period. The best fit line has a slop of   0.0026  , which may imply that the returns on investment in MFS High Income will continue to fail. It has 122 observation points and a regression sum of squares at 0.25, which is the sum of squared deviations for the predicted MFS High price change compared to its average price change.

About MFS High Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MFS High Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MFS High Income based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MFS High Income price pattern first instead of the macroeconomic environment surrounding MFS High Income. By analyzing MFS High's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MFS High's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MFS High specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2024 2025 (projected)
PTB Ratio0.760.67
Dividend Yield0.05380.0511

MFS High January 18, 2025 Technical Indicators

Most technical analysis of MFS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MFS from various momentum indicators to cycle indicators. When you analyze MFS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for MFS Stock analysis

When running MFS High's price analysis, check to measure MFS High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.
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