Mutual Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
AMERICAN BEACON FLEXIBLE BOND FUND Y CL (NASDAQ:AFXYX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for AFXYX
The long term trend has been DOWN since May 1st, 2018 at 9.76
The intermediate term trend has been DOWN since Aug 10th, 2018 at 9.60
The short term trend has been DOWN since Sep 28th, 2018 at 9.48
Smart Scan Analysis for AFXYX
Based on a pre-defined weighted trend formula for chart analysis, AFXYX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.87||52wk High Date||2018-01-26|
|52wk Low||9.41||52wk Low Date||2018-10-08|
|Year End Close||9.74||Payment Date||2018-10-02|