Mutual Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
THE INCOME FUND OF AMERICA CLASS R-4 SHARES (NASDAQ:RIDEX)
Countertrend Up (+85) - RIDEX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RIDEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIDEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RIDEX
The long-term trend has been UP since Dec 1st, 2023 at 22.69
The intermediate-term trend has been UP since Feb 22nd, 2024 at 23.43
The short-term trend has been DOWN since Mar 14th, 2024 at 23.83
Smart Scan Analysis for RIDEX
Based on our trend formula, RIDEX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
23.73 | 23.73 | 23.73 | 23.76 | +0.03 |
Prev. Close | Volume | Bid | Ask | Time |
23.73 | 0 | 23.76 | 23.76 | 2024-03-18 18:05:00 |
52wk High | 23.97 | 52wk High Date | 2024-03-07 |
52wk Low | 21.2 | 52wk Low Date | 2023-10-27 |
Year End Close | 23.38 | Payment Date | 2020-03-17 |