Mutual Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
AMERICAN FDS THE TAX-EXEMPT BOND FUND OF AMERICA CLASS F-2 SHS (NASDAQ:TEAFX)
Countertrend Up (+85) - TEAFX 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 TEAFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TEAFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TEAFX
The long-term trend has been UP since Jul 1st, 2020 at 13.34
The intermediate-term trend has been UP since Apr 8th, 2021 at 13.57
The short-term trend has been DOWN since Apr 28th, 2021 at 13.67
Smart Scan Analysis for TEAFX
Based on our trend formula, TEAFX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.75||52wk High Date||2021-02-10|
|52wk Low||12.98||52wk Low Date||2020-05-12|
|Year End Close||13.62||Yield||2.1465|