Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS 529-F-1 (NASDAQ:CDWFX)

Crossroads (+60) - CDWFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CDWFX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CDWFX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CDWFX
Open High Low CDWFX Price Change
9.86 9.86 9.86 10.03 +0.17
Entry Signal

MarketClub’s Trade Triangles for CDWFX

long term up The long-term trend has been UP since Jan 5th, 2023 at 9.60

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2023 at 9.90

short term down The short-term trend has been DOWN since May 30th, 2023 at 9.87

Smart Scan Analysis for CDWFX

Based on our trend formula, CDWFX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CDWFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.86 9.86 9.86 10.03 +0.17
Prev. Close Volume Bid Ask Time
9.86 0 10.03 10.03 2023-06-02 20:00:00
52wk High10.4852wk High Date2023-01-26
52wk Low8.352wk Low Date2022-10-24
Year End Close9.42Payment Date2021-09-27
Get a free daily analysis and signals for AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS 529-F-1 (CDWFX) - Request Your Free Report.