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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

AMERICAN FUNDS - NEW WORLD FUND INC CLASS R-3 SHARES (NASDAQ:RNWCX)

Weak Downtrend (-65) - RNWCX is showing signs of a strengthening downtrend. Monitor RNWCX as it may be building momentum to the downside.

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

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

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

NASDAQ_RNWCX
Open High Low RNWCX Price Change
75.03 75.03 75.03 74.25 -0.15
Entry Signal

MarketClub’s Trade Triangles for RNWCX

long term up The long-term trend has been UP since Dec 13th, 2023 at 72.75

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 76.87

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 77.75

Smart Scan Analysis for RNWCX

Based on our trend formula, RNWCX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RNWCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.03 75.03 75.03 74.25 -0.15
Prev. Close Volume Bid Ask Time
74.99 0 74.88 74.88 2024-04-17 20:00:00
52wk High78.152wk High Date2024-04-09
52wk Low66.7352wk Low Date2023-10-26
Year End Close73.74Payment Date2019-12-23
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