Mutual Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
AMERICAN FUNDS EMERGING MARKETS BOND FUND CLASS 529-F-1 (NASDAQ:CBNFX)
Sidelines Mode (-55) - CBNFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CBNFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBNFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBNFX
The long-term trend has been DOWN since Mar 3rd, 2021 at 9.75
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 9.98
The short-term trend has been UP since Apr 1st, 2021 at 9.50
Smart Scan Analysis for CBNFX
Based on our trend formula, CBNFX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.16||52wk High Date||2021-01-04|
|52wk Low||8.45||52wk Low Date||2020-04-27|
|Year End Close||10.15||Yield||4.6141|