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Mutual Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

American Funds Mortgage Fund Class F-1 (NASDAQ:MFAEX)

Countertrend Down (-85) - MFAEX 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 MFAEX?

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

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

NASDAQ_MFAEX
Open High Low MFAEX Price Change
8.53 8.53 8.53 8.49 -0.03
Entry Signal

MarketClub’s Trade Triangles for MFAEX

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 8.67

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 8.67

short term up The short-term trend has been UP since Apr 23rd, 2024 at 8.51

Smart Scan Analysis for MFAEX

Based on our trend formula, MFAEX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MFAEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.53 8.53 8.53 8.49 -0.03
Prev. Close Volume Bid Ask Time
8.46 0 8.50 8.50 2024-04-24 17:21:23
52wk High9.2352wk High Date2023-05-04
52wk Low8.2252wk Low Date2023-10-19
Year End Close8.95Yield4.6244
Payment Date2020-01-02
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