Mutual Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
AMCAP FUND CL 529-A SHARES (NASDAQ:CAFAX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 CAFAX
The long term trend has been DOWN since Oct 10th, 2018 at 32.79
The intermediate term trend has been DOWN since Oct 8th, 2018 at 34.08
The short term trend has been UP since Nov 26th, 2018 at 30.80
Smart Scan Analysis for CAFAX
Based on a pre-defined weighted trend formula for chart analysis, CAFAX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||34.9||52wk High Date||2018-10-01|
|52wk Low||30.7||52wk Low Date||2018-10-29|
|Year End Close||31.15||Payment Date||2018-06-18|