MFS GOVT MARKETS INC TRUST (MGF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MGF - US5529391006
Overall MGF gets a technical rating of 0 out of 10. 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.
MGF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.01, 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.
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2.93
When analyzing the support we notice one important area.
- A support zone ranging from 2.96 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.03 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 multiple time frames.
- A resistance zone ranging from 3.29 to 3.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MGF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGF is down. |
| ChartMill Relative Strength | 35.67 | NEUTRAL | MGF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.55 | NEUTRAL | The RSI value for MGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MGF has a positive trend. |
| Stochastics (14,3) | 66.85 | NEUTRAL | The Stochastics value for MGF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for MGF suggests low volalility. |
| Average Directional Index/ADX (14) | 18.52 | NEGATIVE | The low ADX value for MGF suggests a weak or negative trend. |
NYSE:MGF (12/31/2025, 7:00:00 PM)
3.025
-0.02 (-0.49%)
MFS GOVT MARKETS INC TRUST / MGF FAQ
Can you provide the ChartMill technical rating for MFS GOVT MARKETS INC TRUST?
ChartMill assigns a technical rating of 0 / 10 to MGF.
Can you provide the trend direction for MFS GOVT MARKETS INC TRUST?
The current trend direction for MFS GOVT MARKETS INC TRUST (MGF) is Bearish.
What is the RSI signal for MGF stock?
MFS GOVT MARKETS INC TRUST (MGF) has an RSI value of 45.5539. This indicates that the stock is currently neutral.
What is the short term momentum for MFS GOVT MARKETS INC TRUST (MGF) stock?
The short term momentum for MFS GOVT MARKETS INC TRUST (MGF) is negative.
What is the buy/sell signal for MFS GOVT MARKETS INC TRUST (MGF) stock?
The buy/sell signal for MFS GOVT MARKETS INC TRUST (MGF) is sell as both the short term and long term trends are negative.