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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
THE BOND FUND OF AMERICA CLASS A SHARES (NASDAQ:ABNDX)
Sidelines Mode (+55) - ABNDX 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 ABNDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABNDX.
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 ABNDX
The long-term trend has been UP since Dec 1st, 2023 at 11.17
The intermediate-term trend has been UP since Mar 5th, 2024 at 11.29
The short-term trend has been DOWN since Apr 1st, 2024 at 11.27
Smart Scan Analysis for ABNDX
Based on our trend formula, ABNDX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.23 | 11.23 | 11.23 | 10.98 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.02 | 0 | 11.17 | 11.61 | 2024-04-05 17:20:39 |
| 52wk High | 12.15 | 52wk High Date | 2023-05-04 |
| 52wk Low | 10.61 | 52wk Low Date | 2023-10-19 |
| Year End Close | 11.49 | Shares Outstanding | 877,223 |
| Yield | 4.3959 | Payment Date | 2020-01-02 |