Mutual Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
AMERICAN FDS AMERICAN HIGH-INCOME MUNICIPAL BOND FD CLASS A (NASDAQ:AMHIX)
Bull Market Weakness (+75) - AMHIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMHIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AMHIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMHIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMHIX
The long-term trend has been DOWN since Mar 12th, 2020 at 16.42
The intermediate-term trend has been UP since May 18th, 2020 at 15.15
The short-term trend has been UP since May 4th, 2020 at 15.04
Smart Scan Analysis for AMHIX
Based on our trend formula, AMHIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.92||52wk High Date||2020-02-28|
|52wk Low||14.62||52wk Low Date||2020-03-20|
|Year End Close||16.44||Yield||3.333|