Mutual Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
AMERICAN FUNDS - INCOME SERIES US GOVERNMENT SEC FD CL R-5 SHARES (NASDAQ:RGVFX)
Bear Market Rally (-75) - RGVFX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RGVFX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RGVFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RGVFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RGVFX
The long-term trend has been DOWN since Oct 21st, 2020 at 14.91
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 14.88
The short-term trend has been UP since Jan 13th, 2021 at 14.29
Smart Scan Analysis for RGVFX
Based on our trend formula, RGVFX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.07||52wk High Date||2020-08-04|
|52wk Low||13.86||52wk Low Date||2020-01-22|
|Year End Close||14.39||Yield||1.0701|