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Mutual Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

AMERICAN FUNDS CORPORATE BOND FUND - CLASS R-6 (NASDAQ:RCBFX)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_RCBFX
Open High Low RCBFX Price Change
10.93 10.96 10.96 10.96 +0.03
Entry Signal

MarketClub’s Trade Triangles for RCBFX

long term up The long term trend has been UP since Jan 29th, 2019 at 9.97

intermediate term down The intermediate term trend has been DOWN since Dec 31st, 2019 at 10.87

short term up The short term trend has been UP since Jan 10th, 2020 at 10.82

Smart Scan Analysis for RCBFX

Based on a pre-defined weighted trend formula for chart analysis, RCBFX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for RCBFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.93 10.96 10.96 10.96 +0.03
Prev. Close Volume Bid Ask Time
10.96 0 10.96 10.96 2020-01-24 20:00:00
52wk High1152wk High Date2019-08-27
52wk Low9.9752wk Low Date2019-01-28
Year End Close10.79Yield2.454
Payment Date2020-01-02
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