Mutual Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
AMERICAN FUNDS - INTERMEDIATE BOND FUND OF AMERICA CLASS R-5 SHARES (NASDAQ:RBOFX)
Countertrend Down (-85) - RBOFX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Sep 27th, 2021 at 13.82
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 13.77
The short-term trend has been UP since Nov 26th, 2021 at 13.74
Smart Scan Analysis for RBOFX
Based on our trend formula, RBOFX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.27||52wk High Date||2020-12-30|
|52wk Low||13.72||52wk Low Date||2021-11-23|
|Year End Close||13.98||Yield||1.9017|