Mutual Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
AMERICAN FUNDS - AMERICAN HIGH INCOME TRUST CLASS R-5 SHARES (NASDAQ:RITFX)
Crossroads (-60) - RITFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RITFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RITFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RITFX
The long-term trend has been UP since Jul 22nd, 2020 at 9.51
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 10.56
The short-term trend has been DOWN since Oct 22nd, 2021 at 10.53
Smart Scan Analysis for RITFX
Based on our trend formula, RITFX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.61||52wk High Date||2021-09-15|
|52wk Low||9.62||52wk Low Date||2020-11-02|
|Year End Close||10.14||Yield||4.4565|