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MGF
ETF ticker: NYSE
AS OF
Jul 3 closing price
Price
$3.11
Change
-$0.01 (-0.32%)
Net Assets
103.64M

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
Gain/Loss if bought
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A.I.Advisor
a Summary for MGF with price predictions
Jul 03, 2025

MGF in upward trend: price rose above 50-day moving average on June 10, 2025

MGF moved above its 50-day moving average on June 10, 2025 date and that indicates a change from a downward trend to an upward trend. In of 60 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 10, 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 May 30, 2025. Looking at past instances where MGF's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for MGF crossed bullishly above the 50-day moving average on June 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGF advanced for three days, in of 193 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 164 cases where MGF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for MGF moved out of overbought territory on July 02, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 June 26, 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.

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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 indicates that over the last year, MGF has been loosely correlated with BIV. These tickers have moved in lockstep 33% of the time. This A.I.-generated data suggests there is some statistical probability that if MGF jumps, then BIV could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGF
1D Price
Change %
MGF100%
-0.26%
BIV - MGF
33%
Loosely correlated
-0.25%
SPAB - MGF
32%
Poorly correlated
-0.27%
BND - MGF
32%
Poorly correlated
-0.25%
AGG - MGF
32%
Poorly correlated
-0.20%
SCHZ - MGF
31%
Poorly correlated
-0.30%