Mutual Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
AMERICAN FUNDS CONSERVATIVE GROWTH AND INCOME PORTFOLIO - CLASS R-5E (NASDAQ:RGOFX)
Weak Uptrend (+65) - RGOFX is showing signs of weakening momentum to the upside. Monitor RGOFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RGOFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RGOFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RGOFX
The long-term trend has been UP since Aug 7th, 2020 at 12.60
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 12.61
The short-term trend has been UP since Sep 14th, 2020 at 12.65
Smart Scan Analysis for RGOFX
Based on our trend formula, RGOFX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.22||52wk High Date||2019-12-26|
|52wk Low||10.33||52wk Low Date||2020-03-23|
|Year End Close||12.92||Payment Date||2020-06-26|