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Mutual Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

THE NEW ECONOMY FUND - CLASS 529-F-3 (NASDAQ:FNNEX)

Sidelines Mode (+55) - FNNEX 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 FNNEX?

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

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

NASDAQ_FNNEX
Open High Low FNNEX Price Change
57.26 57.26 57.26 58.07 +0.86
Entry Signal

MarketClub’s Trade Triangles for FNNEX

long term up The long-term trend has been UP since Nov 20th, 2023 at 53.08

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 58.79

short term up The short-term trend has been UP since Apr 23rd, 2024 at 57.18

Smart Scan Analysis for FNNEX

Based on our trend formula, FNNEX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FNNEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.26 57.26 57.26 58.07 +0.86
Prev. Close Volume Bid Ask Time
57.26 0 58.12 58.12 2024-04-26 20:00:00
52wk High60.252wk High Date2024-03-21
52wk Low47.2352wk Low Date2023-05-04
Year End Close54.01Payment Date2023-12-14
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