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Mutual Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

AMERICAN BALANCED FUND CLASS 529-A SHARES (NASDAQ:CLBAX)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_CLBAX
Open High Low CLBAX Price Change
28.48 28.64 28.64 28.64 +0.16
Entry Signal

MarketClub’s Trade Triangles for CLBAX

long term up The long term trend has been UP since Apr 1st, 2019 at 26.82

intermediate term up The intermediate term trend has been UP since Oct 15th, 2019 at 27.68

short term up The short term trend has been UP since Dec 5th, 2019 at 28.46

Smart Scan Analysis for CLBAX

Based on a pre-defined weighted trend formula for chart analysis, CLBAX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for CLBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.48 28.64 28.64 28.64 +0.16
Prev. Close Volume Bid Ask Time
28.48 0 28.64 30.39 2019-12-06 18:25:00
52wk High28.7152wk High Date2019-11-27
52wk Low23.9452wk Low Date2018-12-24
Year End Close24.86Payment Date2019-09-12
Want to analyze AMERICAN BALANCED FUND CLASS 529-A SHARES CLBAX or another symbol? Try our Free Mutual Trend Analysis Report.