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Mutual Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

AMERICAN FUNDS CORPORATE BOND FUND - CLASS 529-C (NASDAQ:COBCX)

Countertrend Up (+85) - COBCX 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 COBCX?

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

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

NASDAQ_COBCX
Open High Low COBCX Price Change
9.77 9.77 9.77 9.79 +0.02
Entry Signal

MarketClub’s Trade Triangles for COBCX

long term up The long-term trend has been UP since Aug 1st, 2022 at 9.89

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 9.60

short term down The short-term trend has been DOWN since Aug 2nd, 2022 at 9.81

Smart Scan Analysis for COBCX

Based on our trend formula, COBCX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for COBCX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.77 9.77 9.77 9.79 +0.02
Prev. Close Volume Bid Ask Time
9.77 0 9.79 9.79 2022-08-10 20:00:00
52wk High11.4952wk High Date2021-09-22
52wk Low9.3752wk Low Date2022-06-14
Year End Close11.25Yield1.7138
Payment Date2020-01-02
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