Mutual Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
AMERICAN FUNDS PRESERVATION PORTFOLIO CLASS A (NASDAQ:PPVAX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PPVAX
The long term trend has been UP since Dec 17th, 2018 at 9.74
The intermediate term trend has been DOWN since Jul 8th, 2019 at 9.98
The short term trend has been UP since Jul 18th, 2019 at 9.99
Smart Scan Analysis for PPVAX
Based on a pre-defined weighted trend formula for chart analysis, PPVAX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-05-23|
|52wk Low||9.67||52wk Low Date||2018-11-08|
|Year End Close||9.79||Payment Date||2019-05-29|