Mutual Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
INTERMEDIATE BOND FUND OF AMERICA CLASS 529-E SHARES (NASDAQ:CBOEX)
Long-Term Downtrend (-90) - CBOEX is in a strong downtrend that is likely to continue. While CBOEX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CBOEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBOEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBOEX
The long-term trend has been DOWN since Sep 28th, 2021 at 13.81
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 13.85
The short-term trend has been DOWN since Oct 18th, 2021 at 13.79
Smart Scan Analysis for CBOEX
Based on our trend formula, CBOEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.27||52wk High Date||2020-12-30|
|52wk Low||13.76||52wk Low Date||2021-10-22|
|Year End Close||13.98||Yield||0.0428|