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Mutual Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

AMERICAN FUNDS CORPORATE BOND FUND - CLASS R-1 (NASDAQ:RCBAX)

Long-Term Downtrend (-90) - RCBAX is in a strong downtrend that is likely to continue. While RCBAX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RCBAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RCBAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RCBAX
Open High Low RCBAX Price Change
11.24 11.24 11.24 11.23 -0.01
Entry Signal

MarketClub’s Trade Triangles for RCBAX

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 11.30

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2021 at 11.23

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 11.25

Smart Scan Analysis for RCBAX

Based on our trend formula, RCBAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RCBAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.24 11.24 11.24 11.23 -0.01
Prev. Close Volume Bid Ask Time
11.24 0 11.23 11.23 2021-11-29 17:11:46
52wk High11.9752wk High Date2020-12-30
52wk Low10.9652wk Low Date2021-03-18
Year End Close11.67Yield1.6699
Payment Date2020-01-02
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