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Mutual Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

American Funds Developing World Growth and Income Fund - Class R-1 (NASDAQ:RDWAX)

Crossroads (+60) - RDWAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_RDWAX
Open High Low RDWAX Price Change
10.03 10.03 10.03 10.39 -0.10
Entry Signal

MarketClub’s Trade Triangles for RDWAX

long term up The long-term trend has been UP since Dec 14th, 2023 at 9.99

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 10.43

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 10.53

Smart Scan Analysis for RDWAX

Based on our trend formula, RDWAX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RDWAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.03 10.03 10.03 10.39 -0.10
Prev. Close Volume Bid Ask Time
10.25 0 9.93 9.93 2024-04-19 20:00:00
52wk High10.6152wk High Date2024-03-14
52wk Low9.1652wk Low Date2023-10-27
Year End Close10.23Payment Date2021-09-27
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