Mfs Georgia Municipal Fund Technical Analysis

MMGAX Fund  USD 10.23  0.01  0.1%   
As of the 11th of December 2024, Mfs Georgia secures the Risk Adjusted Performance of 0.0232, mean deviation of 0.1757, and Downside Deviation of 0.438. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mfs Georgia Municipal, as well as the relationship between them.

Mfs Georgia 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 Georgia'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 Georgia 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 Georgia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mfs Georgia 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 Georgia Municipal Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Georgia Municipal volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mfs Georgia Municipal Trend Analysis

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

Mfs Georgia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mfs Georgia Municipal applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Mfs Georgia Municipal will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Mfs Georgia price change compared to its average price change.

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

Mfs Georgia December 11, 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.

Mfs Georgia December 11, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mfs stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in Mfs Mutual Fund

Mfs Georgia 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 Georgia security.
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