Mutual Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
AMERICAN FUNDS 2050 TARGET DATE RETIREMENT FD CL R-6 (NASDAQ:RFITX)
Bull Market Weakness (+75) - RFITX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RFITX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RFITX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RFITX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RFITX
The long-term trend has been UP since Jun 3rd, 2020 at 15.85
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 21.42
The short-term trend has been UP since Oct 14th, 2021 at 21.05
Smart Scan Analysis for RFITX
Based on our trend formula, RFITX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.76||52wk High Date||2021-09-03|
|52wk Low||16.79||52wk Low Date||2020-11-02|
|Year End Close||18.81||Payment Date||2019-12-31|