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Mutual Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS R2E (NASDAQ:RDEGX)

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_RDEGX
Open High Low RDEGX Price Change
10.56 10.59 10.59 10.59 +0.03
Entry Signal

MarketClub’s Trade Triangles for RDEGX

long term down The long term trend has been DOWN since May 13th, 2019 at 9.96

intermediate term up The intermediate term trend has been UP since Jun 7th, 2019 at 10.02

short term up The short term trend has been UP since Jun 27th, 2019 at 10.40

Smart Scan Analysis for RDEGX

Based on a pre-defined weighted trend formula for chart analysis, RDEGX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for RDEGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.56 10.59 10.59 10.59 +0.03
Prev. Close Volume Bid Ask Time
10.56 0 10.59 10.59 2019-07-11 19:59:59
52wk High201952wk High Date2018-06-06
52wk Low9.0852wk Low Date2018-10-29
Year End Close9.36Payment Date2018-12-26
Want to analyze AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS R2E RDEGX or another symbol? Try our Free Mutual Trend Analysis Report.