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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

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
52.49 55.16 55.16 55.16 +2.67
Entry Signal

MarketClub’s Trade Triangles for CNWAX

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 68.33

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 69.87

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 53.99

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
52.49 55.16 55.16 55.16 +2.67
Prev. Close Volume Bid Ask Time
52.49 0 55.16 58.53 2020-04-06 17:24:05
52wk High72.1252wk High Date2019-12-19
52wk Low48.852wk Low Date2020-03-23
Year End Close69.91Payment Date2019-12-23
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