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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
American Funds - American High Income Trust Class R-5 Shares (NASDAQ:RITFX)
Bear Market Rally (-75) - RITFX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RITFX as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for RITFX
The long-term trend has been DOWN since Apr 16th, 2024 at 9.41
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 9.52
The short-term trend has been UP since Apr 22nd, 2024 at 9.40
Smart Scan Analysis for RITFX
Based on our trend formula, RITFX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.45 | 9.45 | 9.45 | 9.45 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.45 | 0 | 9.45 | 9.45 | 2024-04-24 17:21:23 |
| 52wk High | 9.57 | 52wk High Date | 2024-03-28 |
| 52wk Low | 8.83 | 52wk Low Date | 2023-10-20 |
| Year End Close | 9.5 | Yield | 6.5381 |