Mutual Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
AMERICAN BALANCED FUND CLASS R-5 SHS (NASDAQ:RLBFX)
Countertrend Down (-85) - RLBFX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 25th, 2020 at 28.27
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 28.60
The short-term trend has been UP since Mar 24th, 2020 at 23.31
Smart Scan Analysis for RLBFX
Based on our trend formula, RLBFX is rated as a -85 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||2019-12-18|