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Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
AMERICAN FUNDS MORTGAGE FUND - CLASS R2E (NASDAQ:RMBEX)
Long-Term Downtrend (-90) - RMBEX is in a strong downtrend that is likely to continue. While RMBEX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RMBEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMBEX.
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 RMBEX
The long-term trend has been DOWN since Apr 8th, 2024 at 8.64
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 8.64
The short-term trend has been DOWN since Apr 5th, 2024 at 8.66
Smart Scan Analysis for RMBEX
Based on our trend formula, RMBEX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.54 | 8.54 | 8.54 | 8.50 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.45 | 0 | 8.48 | 8.48 | 2024-04-15 20:00:00 |
| 52wk High | 9.2 | 52wk High Date | 2023-05-04 |
| 52wk Low | 8.19 | 52wk Low Date | 2023-10-19 |
| Year End Close | 8.92 | Yield | 4.1652 |
| Payment Date | 2020-01-02 |