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MGF
ETF ticker: NYSE
AS OF
Aug 6, 04:59 PM (EDT)
Price
$3.09
Change
-$0.01 (-0.32%)
Net Assets
103.96M

MGF MFS Government Markets Income Trust Forecast, Technical & Fundamental Analysis

MFS Government Markets Income Trust is a United States-based diversified, closed-end management investment company... Show more

MGF
Daily Signalchanged days ago
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A.I.Advisor
a Summary for MGF with price predictions
Aug 05, 2025

MGF's RSI Indicator recovers from overbought zone

The 10-day RSI Indicator for MGF moved out of overbought territory on July 02, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 instances where the indicator moved out of the overbought zone. In of the 20 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 56 cases where MGF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MGF broke above its upper Bollinger Band on July 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 28, 2025. You may want to consider a long position or call options on MGF as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MGF just turned positive on July 28, 2025. Looking at past instances where MGF's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

MGF moved above its 50-day moving average on July 28, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGF advanced for three days, in of 181 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 132 cases where MGF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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MGF
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Intermediate Core Bond
Address
500 Boylston St15th FloorBoston
Phone
N/A
Web
www.mfs.com
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MGF and ETFs

Correlation & Price change

A.I.dvisor tells us that MGF and AGG have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MGF and AGG's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGF
1D Price
Change %
MGF100%
-0.16%
AGG - MGF
28%
Poorly correlated
+0.03%
BIV - MGF
27%
Poorly correlated
-0.08%
SPAB - MGF
27%
Poorly correlated
N/A
SCHZ - MGF
26%
Poorly correlated
+0.09%
BND - MGF
3%
Poorly correlated
+0.04%