Mutual Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
AMERICAN FUNDS NEW WORLD FUND C (NASDAQ:NEWCX)
Countertrend Up (+85) - NEWCX 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 NEWCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEWCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEWCX
The long-term trend has been UP since Jun 3rd, 2020 at 64.81
The intermediate-term trend has been UP since Apr 8th, 2020 at 54.60
The short-term trend has been DOWN since Jun 26th, 2020 at 65.52
Smart Scan Analysis for NEWCX
Based on our trend formula, NEWCX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||70.12||52wk High Date||2020-01-17|
|52wk Low||47.52||52wk Low Date||2020-03-23|
|Year End Close||68.19||Payment Date||2019-12-23|