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Mutual Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

AMERICAN BALANCED FUND CLASS R-5 SHS (NASDAQ:RLBFX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_RLBFX
Open High Low RLBFX Price Change
27.1 27.3 27.3 27.3 +0.2
Entry Signal

MarketClub’s Trade Triangles for RLBFX

long term up The long term trend has been UP since Apr 1st, 2019 at 26.90

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 27.50

short term down The short term trend has been DOWN since Aug 14th, 2019 at 27.26

Smart Scan Analysis for RLBFX

Based on a pre-defined weighted trend formula for chart analysis, RLBFX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RLBFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.1 27.3 27.3 27.3 +0.2
Prev. Close Volume Bid Ask Time
27.1 0 27.3 27.3 2019-08-16 18:05:00
52wk High201852wk High Date2018-08-29
52wk Low24.0152wk Low Date2018-12-24
Year End Close24.93Payment Date2018-12-19
Want to analyze AMERICAN BALANCED FUND CLASS R-5 SHS RLBFX or another symbol? Try our Free Mutual Trend Analysis Report.