Mutual Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
AMERICAN FUNDS 2040 TARGET DATE RETIREMENT FD CL C (NASDAQ:CCGTX)
Bull Market Weakness (+75) - CCGTX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CCGTX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CCGTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCGTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CCGTX
The long-term trend has been DOWN since Feb 25th, 2020 at 15.70
The intermediate-term trend has been UP since Apr 6th, 2020 at 13.35
The short-term trend has been UP since May 18th, 2020 at 14.37
Smart Scan Analysis for CCGTX
Based on our trend formula, CCGTX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.57||52wk High Date||2019-12-27|
|52wk Low||11.74||52wk Low Date||2020-03-23|
|Year End Close||15.92||Payment Date||2019-12-31|