Mutual Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
AMERICAN FUNDS - INTERMEDIATE BOND FUND OF AMERICA CLASS R-5 SHARES (NASDAQ:RBOFX)
Bull Market Weakness (+75) - RBOFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RBOFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RBOFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBOFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBOFX
The long-term trend has been UP since Feb 24th, 2020 at 13.60
The intermediate-term trend has been DOWN since Mar 18th, 2020 at 13.62
The short-term trend has been UP since Mar 23rd, 2020 at 13.52
Smart Scan Analysis for RBOFX
Based on our trend formula, RBOFX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.9||52wk High Date||2020-03-05|
|52wk Low||13.33||52wk Low Date||2019-04-16|
|Year End Close||13.45||Yield||3.1719|