Mutual Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
AMERICAN FUNDS 2040 TARGET DATE - CLASS R2E (NASDAQ:RBEKX)
Crossroads (-60) - RBEKX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RBEKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBEKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBEKX
The long-term trend has been UP since Jun 3rd, 2020 at 15.55
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 21.05
The short-term trend has been DOWN since Nov 17th, 2021 at 21.28
Smart Scan Analysis for RBEKX
Based on our trend formula, RBEKX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.31||52wk High Date||2021-11-16|
|52wk Low||18.13||52wk Low Date||2020-12-28|
|Year End Close||18.28||Payment Date||2019-12-31|