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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

American Funds Developing World Growth and Income Fund - Class R2E (NASDAQ:RDEGX)

Long-Term Uptrend (+90) - RDEGX is in a strong uptrend that is likely to continue. While RDEGX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_RDEGX
Open High Low RDEGX Price Change
10.45 10.45 10.45 10.53 +0.05
Entry Signal

MarketClub’s Trade Triangles for RDEGX

long term up The long-term trend has been UP since Dec 14th, 2023 at 10.02

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2024 at 10.00

short term up The short-term trend has been UP since Mar 7th, 2024 at 10.42

Smart Scan Analysis for RDEGX

Based on our trend formula, RDEGX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RDEGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.45 10.45 10.45 10.53 +0.05
Prev. Close Volume Bid Ask Time
10.54 0 10.50 10.50 2024-03-11 20:00:00
52wk High10.6552wk High Date2024-03-14
52wk Low9.1952wk Low Date2023-10-27
Year End Close10.26Payment Date2021-09-27
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