Mutual Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
AMERICAN FUNDS STRATEGIC BOND FUND CLASS 529-E (NASDAQ:CANEX)
Bear Market Rally (-75) - CANEX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CANEX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CANEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CANEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CANEX
The long-term trend has been DOWN since Dec 21st, 2020 at 11.76
The intermediate-term trend has been DOWN since Dec 21st, 2020 at 11.90
The short-term trend has been UP since Jan 13th, 2021 at 11.55
Smart Scan Analysis for CANEX
Based on our trend formula, CANEX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.96||52wk High Date||2020-11-20|
|52wk Low||10.38||52wk Low Date||2020-01-28|
|Year End Close||11.67||Payment Date||2020-06-22|