Mutual Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
AMERICAN FUNDS - EUROPACIFIC GROWTH FUND CLASS R-4 SHARES (NASDAQ:REREX)
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.
MarketClub’s Trade Triangles for REREX
The long term trend has been DOWN since Feb 8th, 2018 at 54.64
The intermediate term trend has been UP since Jan 9th, 2019 at 45.54
The short term trend has been UP since Feb 12th, 2019 at 47.49
Smart Scan Analysis for REREX
Based on a pre-defined weighted trend formula for chart analysis, REREX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-02-26|
|52wk Low||42.59||52wk Low Date||2018-12-24|
|Year End Close||44.12||Payment Date||2018-12-21|