Mutual Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
AMERICAN FUNDS DEVELOPING WORLD GROWTH AND INCOME FUND - CLASS R-4 (NASDAQ:RDWEX)
Bull Market Weakness (+75) - RDWEX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RDWEX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RDWEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDWEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for RDWEX
The long-term trend has been UP since Dec 14th, 2023 at 10.07
The intermediate-term trend has been UP since Feb 6th, 2024 at 10.05
The short-term trend has been UP since Mar 28th, 2024 at 10.58
Smart Scan Analysis for RDWEX
Based on our trend formula, RDWEX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
10.60 | 10.60 | 10.60 | 10.09 | -0.23 |
Prev. Close | Volume | Bid | Ask | Time |
10.24 | 0 | 10.37 | 10.37 | 2024-04-12 20:00:00 |
52wk High | 10.7 | 52wk High Date | 2024-03-14 |
52wk Low | 9.23 | 52wk Low Date | 2023-10-27 |
Year End Close | 10.31 | Payment Date | 2023-03-27 |