Mutual Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
SHORT-TERM BOND FUND OF AMERICA - CLASS R-5E (NASDAQ:RAAGX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 RAAGX
The long term trend has been UP since Dec 24th, 2018 at 9.81
The intermediate term trend has been UP since Apr 24th, 2019 at 9.90
The short term trend has been DOWN since May 20th, 2019 at 9.92
Smart Scan Analysis for RAAGX
Based on a pre-defined weighted trend formula for chart analysis, RAAGX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-02-08|
|52wk Low||9.75||52wk Low Date||2018-11-08|
|Year End Close||9.84||Yield||1.69|