Mutual Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
AMERICAN MUTUAL FUND CL A SHARES (NASDAQ:AMRMX)
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 AMRMX
The long term trend has been DOWN since Feb 5th, 2018 at 40.74
The intermediate term trend has been DOWN since Jun 25th, 2018 at 40.55
The short term trend has been DOWN since Jul 3rd, 2018 at 40.63
Smart Scan Analysis for AMRMX
Based on a pre-defined weighted trend formula for chart analysis, AMRMX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.32||52wk High Date||2018-01-26|
|52wk Low||38.91||52wk Low Date||2018-03-23|
|Year End Close||40.8||Payment Date||2018-06-18|