Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS R-2 (NASDAQ:RDWBX)

Crossroads (-60) - RDWBX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_RDWBX
Open High Low RDWBX Price Change
10.00 10.00 10.00 10.21 -0.10
Entry Signal

MarketClub’s Trade Triangles for RDWBX

long term up The long-term trend has been UP since Dec 14th, 2023 at 9.96

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 10.40

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 10.49

Smart Scan Analysis for RDWBX

Based on our trend formula, RDWBX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RDWBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.00 10.00 10.00 10.21 -0.10
Prev. Close Volume Bid Ask Time
10.15 0 9.90 9.90 2024-04-19 18:45:00
52wk High10.5852wk High Date2024-03-14
52wk Low9.1352wk Low Date2023-10-27
Year End Close10.2Payment Date2021-09-27
Get a free daily analysis and signals for AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS R-2 (RDWBX) - Request Your Free Report.