Mutual Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
AMERICAN FUNDS - INTERMEDIATE BOND FUND OF AMERICA CLASS R-2 SHARES (NASDAQ:RBOBX)
Bull Market Weakness (+75) - RBOBX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RBOBX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RBOBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBOBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBOBX
The long-term trend has been DOWN since Dec 31st, 2020 at 14.18
The intermediate-term trend has been UP since Apr 15th, 2021 at 13.81
The short-term trend has been UP since Apr 6th, 2021 at 13.79
Smart Scan Analysis for RBOBX
Based on our trend formula, RBOBX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.26||52wk High Date||2020-12-30|
|52wk Low||13.78||52wk Low Date||2021-04-05|
|Year End Close||13.97||Yield||0.6289|