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.
MarketClub’s Trade Triangles for CNWAX
The long-term trend has been DOWN since Feb 24th, 2020 at 68.33
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 69.87
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).
|52wk High||72.12||52wk High Date||2019-12-19|
|52wk Low||48.8||52wk Low Date||2020-03-23|
|Year End Close||69.91||Payment Date||2019-12-23|