Mutual Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
CAPITAL INCOME BUILDER CL A SHS (NASDAQ:CAIBX)
Weak Downtrend (-65) - CAIBX is showing signs of a strengthening downtrend. Monitor CAIBX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CAIBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAIBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CAIBX
The long-term trend has been DOWN since Feb 25th, 2020 at 62.33
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 62.75
The short-term trend has been UP since Mar 24th, 2020 at 49.05
Smart Scan Analysis for CAIBX
Based on our trend formula, CAIBX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||64.15||52wk High Date||2019-12-19|
|52wk Low||47.48||52wk Low Date||2020-03-23|
|Year End Close||63.32||Payment Date||2020-03-17|