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Mutual Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

AMERICAN BALANCED FUND CL A SHARES (NASDAQ:ABALX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
27.70 27.70 27.70 27.70 +0.03
Entry Signal

MarketClub’s Trade Triangles for ABALX

long term up The long term trend has been UP since Jun 11th, 2018 at 27.48

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2018 at 27.18

short term down The short term trend has been DOWN since Jul 3rd, 2018 at 27.14

Smart Scan Analysis for ABALX

Based on a pre-defined weighted trend formula for chart analysis, ABALX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ABALX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.70 27.70 27.70 27.70 +0.03
Prev. Close Volume Bid Ask Time
27.70 2018-08-19 00:00:00
52wk High28.352wk High Date2018-01-26
52wk Low26.3752wk Low Date2018-03-23
Year End Close27.15Payment Date2018-06-14
Want to analyze AMERICAN BALANCED FUND CL A SHARES ABALX or another symbol? Try our Free Mutual Trend Analysis Report.