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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS 529-F-1 (NASDAQ:CDWFX)
Sidelines Mode (+55) - CDWFX 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 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.
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MarketClub’s Trade Triangles for CDWFX
The long-term trend has been UP since Dec 14th, 2023 at 10.07
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 10.53
The short-term trend has been UP since Apr 23rd, 2024 at 10.12
Smart Scan Analysis for CDWFX
Based on our trend formula, CDWFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.12 | 10.12 | 10.12 | 10.37 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.33 | 0 | 10.28 | 10.28 | 2024-04-23 20:00:00 |
| 52wk High | 10.71 | 52wk High Date | 2024-03-14 |
| 52wk Low | 9.23 | 52wk Low Date | 2023-10-27 |
| Year End Close | 10.3 | Payment Date | 2023-03-27 |