Mutual Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
American High-Income Trust - Class R2E (NASDAQ:RTEHX)
Countertrend Up (+85) - RTEHX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RTEHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RTEHX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RTEHX
The long-term trend has been UP since Jul 22nd, 2020 at 9.51
The intermediate-term trend has been UP since Apr 1st, 2021 at 10.28
The short-term trend has been DOWN since May 4th, 2021 at 10.40
Smart Scan Analysis for RTEHX
Based on our trend formula, RTEHX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.41||52wk High Date||2021-05-03|
|52wk Low||8.81||52wk Low Date||2020-05-15|
|Year End Close||10.14||Yield||3.4801|