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Mutual Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
NEW WORLD FUND INC. CLASS 529-E SHARES (NASDAQ:CNWEX)
Sidelines Mode (+55) - CNWEX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNWEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNWEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNWEX
The long-term trend has been UP since Dec 13th, 2023 at 72.63
The intermediate-term trend has been UP since May 6th, 2024 at 77.52
The short-term trend has been DOWN since Jul 17th, 2024 at 80.62
Smart Scan Analysis for CNWEX
Based on our trend formula, CNWEX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.10 | 79.10 | 79.10 | 77.61 | -0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.46 | 0 | 78.92 | 78.92 | 2024-07-23 20:00:00 |
| 52wk High | 81.11 | 52wk High Date | 2024-07-12 |
| 52wk Low | 66.63 | 52wk Low Date | 2023-10-26 |
| Year End Close | 73.64 | Payment Date | 2019-12-23 |