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Mutual Trend Analysis Report
Prepared for you on Saturday, May 11, 2024.
American Beacon Small Cap Value Fund A Class (NASDAQ:ABSAX)
Bull Market Weakness (+75) - ABSAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABSAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ABSAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABSAX.
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 ABSAX
The long-term trend has been UP since Dec 13th, 2023 at 22.71
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 22.55
The short-term trend has been UP since Apr 19th, 2024 at 22.19
Smart Scan Analysis for ABSAX
Based on our trend formula, ABSAX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.88 | 22.88 | 22.88 | 23.47 | +0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.03 | 0 | 23.03 | 24.44 | 2024-05-03 20:00:00 |
| 52wk High | 25.28 | 52wk High Date | 2023-12-19 |
| 52wk Low | 19.74 | 52wk Low Date | 2023-10-27 |
| Year End Close | 22.8 | Payment Date | 2019-12-23 |