Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

American Funds Mortgage Fund Class A (NASDAQ:MFAAX)

Bull Market Weakness (+75) - MFAAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MFAAX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MFAAX?

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

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

NASDAQ_MFAAX
Open High Low MFAAX Price Change
8.78 8.78 8.78 8.67 +0.02
Entry Signal

MarketClub’s Trade Triangles for MFAAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 8.72

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 8.78

short term up The short-term trend has been UP since Feb 29th, 2024 at 8.70

Smart Scan Analysis for MFAAX

Based on our trend formula, MFAAX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MFAAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.78 8.78 8.78 8.67 +0.02
Prev. Close Volume Bid Ask Time
8.68 0 8.80 9.14 2024-03-07 18:25:00
52wk High9.6352wk High Date2023-04-05
52wk Low8.2252wk Low Date2023-10-19
Year End Close8.95Yield3.4777
Payment Date2020-01-02
Get a free daily analysis and signals for American Funds Mortgage Fund Class A (MFAAX) - Request Your Free Report.