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Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

THE AMERICAN FUNDS INCOME SRS (US GOVT SECURITIES FD) CL 529-C SHS (NASDAQ:CGTCX)

Long-Term Downtrend (-90) - CGTCX is in a strong downtrend that is likely to continue. While CGTCX 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 CGTCX?

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

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

NASDAQ_CGTCX
Open High Low CGTCX Price Change
11.72 11.72 11.72 11.80 -0.01
Entry Signal

MarketClub’s Trade Triangles for CGTCX

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 11.72

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 11.72

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 11.87

Smart Scan Analysis for CGTCX

Based on our trend formula, CGTCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CGTCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.72 11.72 11.72 11.80 -0.01
Prev. Close Volume Bid Ask Time
11.81 0 11.71 11.71 2024-03-18 20:00:00
52wk High12.5552wk High Date2023-04-05
52wk Low11.2152wk Low Date2023-10-19
Year End Close12.06Yield3.0019
Payment Date2020-01-02
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