Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
AMERICAN FUNDS MORTGAGE FUND CLASS A (NASDAQ:MFAAX)
Countertrend Up (+85) - MFAAX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MFAAX
The long-term trend has been UP since Dec 1st, 2023 at 8.72
The intermediate-term trend has been UP since Mar 7th, 2024 at 8.78
The short-term trend has been UP since Apr 4th, 2024 at 8.69
Smart Scan Analysis for MFAAX
Based on our trend formula, MFAAX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.48 | 8.48 | 8.48 | 8.53 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.48 | 0 | 8.53 | 8.86 | 2024-04-17 20:00:00 |
| 52wk High | 9.23 | 52wk High Date | 2023-05-04 |
| 52wk Low | 8.22 | 52wk Low Date | 2023-10-19 |
| Year End Close | 8.95 | Yield | 4.5052 |
| Payment Date | 2020-01-02 |