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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

NEW WORLD FUND INC. CLASS 529-A SHARES (NASDAQ:CNWAX)

Weak Downtrend (-65) - CNWAX is showing signs of a strengthening downtrend. Monitor CNWAX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNWAX?

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

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

NASDAQ_CNWAX
Open High Low CNWAX Price Change
75.44 75.44 75.44 74.81 +0.11
Entry Signal

MarketClub’s Trade Triangles for CNWAX

long term up The long-term trend has been UP since Dec 13th, 2023 at 73.31

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 77.44

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 78.33

Smart Scan Analysis for CNWAX

Based on our trend formula, CNWAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CNWAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.44 75.44 75.44 74.81 +0.11
Prev. Close Volume Bid Ask Time
75.55 0 75.55 78.29 2024-04-18 18:05:00
52wk High78.6852wk High Date2024-04-09
52wk Low67.2752wk Low Date2023-10-26
Year End Close74.25Payment Date2019-12-23
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