Mfs Aggressive Growth Fund Technical Analysis

MAWAX Fund  USD 31.56  0.14  0.45%   
As of the 30th of November, Mfs Aggressive secures the Mean Deviation of 0.4673, downside deviation of 0.6647, and Risk Adjusted Performance of 0.0719. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs Aggressive Growth, as well as the relationship between them.

Mfs Aggressive 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 Aggressive'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 Aggressive technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Mfs Aggressive technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mfs Aggressive 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 Aggressive Growth Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Aggressive Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mfs Aggressive Growth Trend Analysis

Use this graph to draw trend lines for Mfs Aggressive Growth. You can use it to identify possible trend reversals for Mfs Aggressive 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 Aggressive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Mfs Aggressive Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mfs Aggressive Growth applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Mfs Aggressive Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.29, which is the sum of squared deviations for the predicted Mfs Aggressive price change compared to its average price change.

About Mfs Aggressive 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 Aggressive Growth 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 Aggressive Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Mfs Aggressive Growth price pattern first instead of the macroeconomic environment surrounding Mfs Aggressive Growth. By analyzing Mfs Aggressive'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 Aggressive'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 Aggressive specific price patterns or momentum indicators. Please read more on our technical analysis page.

Mfs Aggressive November 30, 2024 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.

Other Information on Investing in Mfs Mutual Fund

Mfs Aggressive financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Aggressive security.
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