NYSE
On the weekly chart, MGF broke out below its sideways range between $15.08 and $16.96 (started 9 Jun 2024), its pullback failed, and NasdaqScan detected a retest of the low in the week of 13 Sept 2026, 826 days after the range began.
Since 2019, NasdaqScan has found 2 sideways ranges in MGF. The completed range lasted 1148 days. It broke downward. The current range is 12% wide from low to high. NasdaqScan has detected 2 retest signals in MFS Government Markets Income Closed Fund in total.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 9 Jun 2024 | Open | — | 13 Sept 2026 (Go ahead) | |
| 21 Apr 2019 | 12 Jun 2022 (1148 days) | Broke below the range at $16.80 | 5 Dec 2021 (Go ahead) |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.