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Mutual Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

AMERICAN BALANCED FUND CLASS A SHS (NASDAQ:ABALX)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_ABALX
Open High Low ABALX Price Change
26.71 26.69 26.69 26.69 -0.02
Entry Signal

MarketClub’s Trade Triangles for ABALX

long term down The long term trend has been DOWN since Oct 11th, 2018 at 27.12

intermediate term up The intermediate term trend has been UP since Jan 15th, 2019 at 25.38

short term up The short term trend has been UP since Mar 11th, 2019 at 26.37

Smart Scan Analysis for ABALX

Based on a pre-defined weighted trend formula for chart analysis, ABALX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ABALX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.71 26.69 26.69 26.69 -0.02
Prev. Close Volume Bid Ask Time
26.71 0 26.69 28.32 2019-03-20 20:00:00
52wk High201852wk High Date2018-09-21
52wk Low23.9852wk Low Date2018-12-24
Year End Close24.9Payment Date2018-12-19
Want to analyze AMERICAN BALANCED FUND CLASS A SHS ABALX or another symbol? Try our Free Mutual Trend Analysis Report.