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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
THE AMERICAN FUNDS INCOME SRS (US GOVT SECURITIES FD) CL 529-A SHS (NASDAQ:CGTAX)
Countertrend Down (-85) - CGTAX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CGTAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGTAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CGTAX
The long-term trend has been DOWN since Mar 18th, 2024 at 11.82
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 11.82
The short-term trend has been UP since Mar 20th, 2024 at 11.84
Smart Scan Analysis for CGTAX
Based on our trend formula, CGTAX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.87 | 11.87 | 11.87 | 11.62 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.69 | 0 | 11.80 | 12.23 | 2024-04-05 20:00:00 |
| 52wk High | 13.07 | 52wk High Date | 2023-05-04 |
| 52wk Low | 11.31 | 52wk Low Date | 2023-10-19 |
| Year End Close | 12.17 | Yield | 3.9059 |
| Payment Date | 2020-01-02 |