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Mutual Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
AMERICAN FUNDS MORTGAGE FUND - CLASS 529-F-2 (NASDAQ:FFMFX)
Sidelines Mode (-55) - FFMFX 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 FFMFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FFMFX.
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 FFMFX
The long-term trend has been DOWN since Apr 8th, 2024 at 8.67
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 8.67
The short-term trend has been UP since May 2nd, 2024 at 8.51
Smart Scan Analysis for FFMFX
Based on our trend formula, FFMFX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.55 | 8.55 | 8.55 | 8.60 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.55 | 0 | 8.60 | 8.60 | 2024-05-03 20:00:00 |
| 52wk High | 9.21 | 52wk High Date | 2023-05-11 |
| 52wk Low | 8.22 | 52wk Low Date | 2023-10-19 |
| Year End Close | 8.96 | Yield | 4.6312 |