Mutual Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
AMERICAN FUNDS MORTGAGE FUND - CLASS R2E (NASDAQ:RMBEX)
Weak Downtrend (-65) - RMBEX is showing signs of a strengthening downtrend. Monitor RMBEX as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for RMBEX
The long-term trend has been DOWN since Oct 8th, 2021 at 10.15
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 9.42
The short-term trend has been DOWN since Jun 27th, 2022 at 9.31
Smart Scan Analysis for RMBEX
Based on our trend formula, RMBEX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.24||52wk High Date||2021-08-02|
|52wk Low||9.15||52wk Low Date||2022-06-14|
|Year End Close||10.14||Yield||1.1273|