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.
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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 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).
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 High | 9.63 | 52wk High Date | 2023-04-05 |
52wk Low | 8.22 | 52wk Low Date | 2023-10-19 |
Year End Close | 8.95 | Yield | 3.4777 |
Payment Date | 2020-01-02 |