Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

AMERICAN BALANCED FUND CL A SHARES (NASDAQ:ABALX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_ABALX
Open High Low ABALX Price Change
27.14 27.14 27.14 27.14 -0.03
Entry Signal

MarketClub’s Trade Triangles for ABALX

long term down The long term trend has been DOWN since Feb 5th, 2018 at 27.05

intermediate term down The intermediate term trend has been DOWN since Mar 19th, 2018 at 26.95

short term up The short term trend has been UP since Mar 26th, 2018 at 26.37

Smart Scan Analysis for ABALX

Based on a pre-defined weighted trend formula for chart analysis, ABALX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ABALX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.14 27.14 27.14 27.14 -0.03
Prev. Close Volume Bid Ask Time
27.14 2018-05-27 00:00:00
52wk High28.352wk High Date2018-01-26
52wk Low26.0652wk Low Date2017-07-06
Year End Close27.15Payment Date2018-03-15
Want to analyze AMERICAN BALANCED FUND CL A SHARES ABALX or another symbol? Try our Free Mutual Trend Analysis Report.