MFS Government Markets Income Trust Has Returned 19.8% Since SmarTrend Recommendation (MGF)
SmarTrend identified a Downtrend for MFS Government Markets Income Trust (NYSE:MGF) on February 14th, 2013 at $6.61. In approximately 39 months, MFS Government Markets Income Trust has returned 19.76% as of today's recent price of $5.30.
In the past 52 weeks, MFS Government Markets Income Trust share prices have been bracketed by a low of $5.04 and a high of $5.68 and are now at $5.30, 5% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
MFS Government Markets Income Trust is a non-diversified, closed-end management investment company incorporated in the USA. The Trust's objective is to provide a high level of current income. The Trust invests at least 80% of its net assets in US and non-US government securities.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of MFS Government Markets Income Trust.
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