Mutual Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
AMERICAN FUNDS INFLATION LINKED BOND FUND - CLASS 529-E (NASDAQ:CNLEX)
Long-Term Downtrend (-90) - CNLEX is in a strong downtrend that is likely to continue. While CNLEX 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 CNLEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNLEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNLEX
The long-term trend has been DOWN since Dec 20th, 2021 at 11.04
The intermediate-term trend has been DOWN since Dec 14th, 2021 at 11.13
The short-term trend has been DOWN since Jan 14th, 2022 at 10.68
Smart Scan Analysis for CNLEX
Based on our trend formula, CNLEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.31||52wk High Date||2021-11-09|
|52wk Low||10.53||52wk Low Date||2021-02-25|
|Year End Close||10.88||Payment Date||2021-12-21|