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Mutual Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

THE NEW ECONOMY FUND CL R-6 (NASDAQ:RNGGX)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_RNGGX
Open High Low RNGGX Price Change
47.29 47.33 47.33 47.69 +0.04
Entry Signal

MarketClub’s Trade Triangles for RNGGX

long term up The long term trend has been UP since Nov 1st, 2019 at 46.01

intermediate term up The intermediate term trend has been UP since Oct 28th, 2019 at 45.57

short term up The short term trend has been UP since Dec 5th, 2019 at 47.29

Smart Scan Analysis for RNGGX

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

+100
Smart Scan Analysis for RNGGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.29 47.33 47.33 47.69 +0.04
Prev. Close Volume Bid Ask Time
47.33 0 47.33 47.33 2019-12-06 00:00:00
52wk High48.0552wk High Date2019-11-27
52wk Low36.7152wk Low Date2018-12-24
Year End Close38.86Payment Date2018-12-20
Want to analyze THE NEW ECONOMY FUND CL R-6 RNGGX or another symbol? Try our Free Mutual Trend Analysis Report.