Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
SHORT-TERM BOND FUND OF AMERICA - CLASS 529-F-2 (NASDAQ:FTSBX)
Long-Term Downtrend (-90) - FTSBX is in a strong downtrend that is likely to continue. While FTSBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FTSBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTSBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTSBX
The long-term trend has been DOWN since Dec 31st, 2020 at 10.16
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 9.65
The short-term trend has been DOWN since Jun 27th, 2022 at 9.61
Smart Scan Analysis for FTSBX
Based on our trend formula, FTSBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.04||52wk High Date||2021-09-09|
|52wk Low||9.56||52wk Low Date||2022-06-14|
|Year End Close||9.97||Yield||1.6334|