Mutual Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
CAPITAL INCOME BUILDER CLASS R-4 SHARES (NASDAQ:RIREX)
Sidelines Mode (-55) - RIREX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RIREX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIREX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RIREX
The long-term trend has been DOWN since Mar 7th, 2022 at 67.32
The intermediate-term trend has been DOWN since Apr 18th, 2022 at 68.10
The short-term trend has been UP since May 23rd, 2022 at 65.00
Smart Scan Analysis for RIREX
Based on our trend formula, RIREX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||70.98||52wk High Date||2022-01-12|
|52wk Low||64.17||52wk Low Date||2022-05-12|
|Year End Close||70.15||Payment Date||2020-03-17|