Mutual Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
AMERICAN FDS SHORT-TERM BOND FUND OF AMERICA CLASS A SHS (NASDAQ:ASBAX)
Crossroads (+60) - ASBAX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ASBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASBAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ASBAX
The long-term trend has been DOWN since Oct 7th, 2020 at 10.18
The intermediate-term trend has been UP since May 5th, 2021 at 10.06
The short-term trend has been UP since May 5th, 2021 at 10.06
Smart Scan Analysis for ASBAX
Based on our trend formula, ASBAX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.46||52wk High Date||2020-08-07|
|52wk Low||10.05||52wk Low Date||2021-04-12|
|Year End Close||10.09||Yield||0.8347|