Mutual Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Emerging Markets Growth Fund, Inc. - Class M (NASDAQ:EMRGX)
Bull Market Weakness (+75) - EMRGX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EMRGX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EMRGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMRGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMRGX
The long-term trend has been UP since Jun 23rd, 2020 at 7.87
The intermediate-term trend has been UP since Apr 26th, 2021 at 9.86
The short-term trend has been UP since May 7th, 2021 at 9.84
Smart Scan Analysis for EMRGX
Based on our trend formula, EMRGX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.56||52wk High Date||2021-02-17|
|52wk Low||6.79||52wk Low Date||2020-05-15|
|Year End Close||9.39||Payment Date||2019-12-27|