Mutual Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
CAPITAL WORLD BOND FUND CL 529-A SHA (NASDAQ:CCWAX)
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 CCWAX
The long term trend has been DOWN since Apr 25th, 2018 at 20.01
The intermediate term trend has been DOWN since Apr 5th, 2018 at 20.27
The short term trend has been UP since Jul 3rd, 2018 at 19.50
Smart Scan Analysis for CCWAX
Based on a pre-defined weighted trend formula for chart analysis, CCWAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.53||52wk High Date||2017-09-08|
|52wk Low||19.33||52wk Low Date||2018-08-14|
|Year End Close||20.02||Payment Date||2018-06-25|