Mutual Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
AMERICAN FUNDS NEW WORLD FUND A (NASDAQ:NEWFX)
Weak Downtrend (-65) - NEWFX is showing signs of a strengthening downtrend. Monitor NEWFX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NEWFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEWFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NEWFX
The long-term trend has been UP since Jun 3rd, 2020 at 67.14
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 74.06
The short-term trend has been DOWN since Sep 17th, 2020 at 74.91
Smart Scan Analysis for NEWFX
Based on our trend formula, NEWFX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||77.47||52wk High Date||2020-09-02|
|52wk Low||49.25||52wk Low Date||2020-03-23|
|Year End Close||70.55||Payment Date||2019-12-23|