Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
AMERICAN FUNDS CONSERVATIVE GROWTH AND INCOME PORTFOLIO - CLASS R-2 (NASDAQ:RINBX)
Sidelines Mode (+55) - RINBX 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 RINBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RINBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RINBX
The long-term trend has been UP since Dec 1st, 2023 at 12.30
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 12.78
The short-term trend has been UP since Apr 22nd, 2024 at 12.50
Smart Scan Analysis for RINBX
Based on our trend formula, RINBX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.50 | 12.50 | 12.50 | 12.64 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.56 | 0 | 12.56 | 12.56 | 2024-04-22 20:00:00 |
| 52wk High | 12.93 | 52wk High Date | 2024-03-21 |
| 52wk Low | 11.57 | 52wk Low Date | 2023-10-27 |
| Year End Close | 12.58 | Payment Date | 2020-03-27 |