Mutual Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
THE BOND FUND OF AMERICA CLASS R-2 SHARES (NASDAQ:RBFBX)
Sidelines Mode (-55) - RBFBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RBFBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBFBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBFBX
The long-term trend has been DOWN since Oct 7th, 2021 at 13.46
The intermediate-term trend has been UP since Jul 5th, 2022 at 11.94
The short-term trend has been DOWN since Aug 2nd, 2022 at 12.11
Smart Scan Analysis for RBFBX
Based on our trend formula, RBFBX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.63||52wk High Date||2021-09-14|
|52wk Low||11.66||52wk Low Date||2022-06-14|
|Year End Close||13.39||Yield||6.8491|