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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

AMERICAN FUNDS MORTGAGE FUND CLASS 529-A (NASDAQ:CMFAX)

Sidelines Mode (+55) - CMFAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_CMFAX
Open High Low CMFAX Price Change
8.76 8.76 8.76 8.67 -0.07
Entry Signal

MarketClub’s Trade Triangles for CMFAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 8.72

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 8.77

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 8.80

Smart Scan Analysis for CMFAX

Based on our trend formula, CMFAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CMFAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.76 8.76 8.76 8.67 -0.07
Prev. Close Volume Bid Ask Time
8.68 0 8.69 9.01 2024-03-14 20:00:00
52wk High9.6152wk High Date2023-04-05
52wk Low8.2252wk Low Date2023-10-19
Year End Close8.95Yield3.4525
Payment Date2020-01-02
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