Mutual Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
AMERICAN FUNDS INFLATION LINKED BOND FUND - CLASS 529-F (NASDAQ:CNLFX)
Countertrend Up (+85) - CNLFX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CNLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNLFX
The long-term trend has been UP since May 7th, 2021 at 10.94
The intermediate-term trend has been UP since Mar 24th, 2021 at 10.76
The short-term trend has been DOWN since Jun 16th, 2021 at 10.99
Smart Scan Analysis for CNLFX
Based on our trend formula, CNLFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.3||52wk High Date||2020-12-18|
|52wk Low||10.62||52wk Low Date||2021-02-25|
|Year End Close||10.92||Payment Date||2019-12-19|