Mutual Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
AMERICAN FUNDS GROWTH PORTFOLIO CL R-4 (NASDAQ:RGWEX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RGWEX
The long term trend has been UP since Jun 6th, 2018 at 19.14
The intermediate term trend has been UP since Aug 27th, 2018 at 19.34
The short term trend has been UP since Sep 25th, 2018 at 19.56
Smart Scan Analysis for RGWEX
Based on a pre-defined weighted trend formula for chart analysis, RGWEX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19.59||52wk High Date||2018-09-27|
|52wk Low||17.76||52wk Low Date||2018-02-08|
|Year End Close||18.05||Payment Date||2017-12-28|