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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
American Balanced Fund Class R-1 Shs (NASDAQ:RLBAX)
Sidelines Mode (+55) - RLBAX 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 RLBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLBAX.
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 RLBAX
The long-term trend has been UP since Dec 1st, 2023 at 30.71
The intermediate-term trend has been UP since Nov 3rd, 2023 at 29.68
The short-term trend has been DOWN since Apr 10th, 2024 at 33.33
Smart Scan Analysis for RLBAX
Based on our trend formula, RLBAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.38 | 33.38 | 33.38 | 32.54 | -0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.83 | 0 | 33.06 | 33.06 | 2024-04-10 20:00:00 |
| 52wk High | 33.55 | 52wk High Date | 2024-03-28 |
| 52wk Low | 28.56 | 52wk Low Date | 2023-10-27 |
| Year End Close | 31.71 | Payment Date | 2020-03-17 |