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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
AMERICAN MUTUAL FUND - CLASS R2E (NASDAQ:RMEBX)
Sidelines Mode (+55) - RMEBX 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 RMEBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMEBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RMEBX
The long-term trend has been UP since Dec 1st, 2023 at 49.94
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 52.98
The short-term trend has been UP since Apr 22nd, 2024 at 51.84
Smart Scan Analysis for RMEBX
Based on our trend formula, RMEBX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.21 | 52.21 | 52.21 | 52.74 | +0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.75 | 0 | 52.75 | 52.75 | 2024-04-23 18:05:00 |
| 52wk High | 54.13 | 52wk High Date | 2024-03-28 |
| 52wk Low | 46.02 | 52wk Low Date | 2023-10-27 |
| Year End Close | 50.76 | Payment Date | 2020-03-19 |