Mutual Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
AMCAP FUND CLASS 529-A SHARES (NASDAQ:CAFAX)
Bull Market Weakness (+75) - CAFAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CAFAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CAFAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAFAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CAFAX
The long-term trend has been DOWN since Feb 26th, 2020 at 32.24
The intermediate-term trend has been UP since Apr 6th, 2020 at 27.89
The short-term trend has been UP since May 18th, 2020 at 31.08
Smart Scan Analysis for CAFAX
Based on our trend formula, CAFAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.06||52wk High Date||2020-02-19|
|52wk Low||24.18||52wk Low Date||2020-03-23|
|Year End Close||33.15||Payment Date||2019-12-20|