Mutual Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
AMERICAN BALANCED FUND CLASS R-5 SHS (NASDAQ:RLBFX)
Strong Uptrend (+100) - RLBFX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RLBFX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RLBFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLBFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RLBFX
The long-term trend has been UP since Jun 5th, 2020 at 28.47
The intermediate-term trend has been UP since Jul 6th, 2020 at 28.04
The short-term trend has been UP since Aug 12th, 2020 at 29.23
Smart Scan Analysis for RLBFX
Based on our trend formula, RLBFX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.45||52wk High Date||2020-02-19|
|52wk Low||22.77||52wk Low Date||2020-03-23|
|Year End Close||28.53||Payment Date||2020-03-17|