Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

American Funds New Economy Fund A (NASDAQ:ANEFX)

Weak Downtrend (-65) - ANEFX is showing signs of a strengthening downtrend. Monitor ANEFX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ANEFX?

MarketClub looks at technical strength and momentum to determine if the timing is right for ANEFX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ANEFX
Open High Low ANEFX Price Change
58.70 58.70 58.70 57.39 -0.87
Entry Signal

MarketClub’s Trade Triangles for ANEFX

long term up The long-term trend has been UP since Nov 20th, 2023 at 52.97

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 58.70

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 59.34

Smart Scan Analysis for ANEFX

Based on our trend formula, ANEFX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ANEFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.70 58.70 58.70 57.39 -0.87
Prev. Close Volume Bid Ask Time
57.76 0 57.83 61.36 2024-04-15 20:00:00
52wk High63.7952wk High Date2024-03-21
52wk Low47.152wk Low Date2023-04-26
Year End Close53.97Payment Date2019-12-19
Get a free daily analysis and signals for American Funds New Economy Fund A (ANEFX) - Request Your Free Report.