Mutual Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
AMERICAN FUNDS MORTGAGE FUND CLASS A (NASDAQ:MFAAX)
Strong Uptrend (+100) - MFAAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MFAAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for MFAAX
The long-term trend has been UP since Feb 25th, 2020 at 10.18
The intermediate-term trend has been UP since Mar 27th, 2020 at 10.43
The short-term trend has been UP since Mar 23rd, 2020 at 10.22
Smart Scan Analysis for MFAAX
Based on our trend formula, MFAAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.51||52wk High Date||2020-04-03|
|52wk Low||9.97||52wk Low Date||2019-04-16|
|Year End Close||10.07||Yield||2.9291|