Mutual Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
THE NEW ECONOMY FUND CLASS F-2 SHS (NASDAQ:NEFFX)
Weak Downtrend (-65) - NEFFX is showing signs of a strengthening downtrend. Monitor NEFFX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NEFFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEFFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEFFX
The long-term trend has been UP since Jan 13th, 2023 at 45.73
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 52.07
The short-term trend has been DOWN since Sep 12th, 2023 at 51.80
Smart Scan Analysis for NEFFX
Based on our trend formula, NEFFX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||53.28||52wk High Date||2023-07-31|
|52wk Low||40.9||52wk Low Date||2022-10-14|
|Year End Close||43.53||Payment Date||2019-12-19|