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Mutual Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

New World Fund, Inc. Cl R-6 (NASDAQ:RNWGX)

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

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

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

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

NASDAQ_RNWGX
Open High Low RNWGX Price Change
76.37 76.37 76.37 75.62 -0.75
Entry Signal

MarketClub’s Trade Triangles for RNWGX

long term up The long-term trend has been UP since Dec 1st, 2023 at 74.21

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 78.25

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 79.17

Smart Scan Analysis for RNWGX

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

-70
Smart Scan Analysis for RNWGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.37 76.37 76.37 75.62 -0.75
Prev. Close Volume Bid Ask Time
76.37 0 75.62 75.62 2024-04-19 18:25:00
52wk High79.5352wk High Date2024-04-09
52wk Low68.1452wk Low Date2023-10-26
Year End Close74.96Payment Date2019-12-23
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